August 22, 2016
Time	Location	Event
08:30 to 00:00		Registration, CICG
11:30 to 13:30		EEA Research Committee Session
13:45 to 15:20	see below	Contributed Sessions 1
15:20 to 15:50		Coffee Break
15:50 to 17:00	see below	Contributed Sessions 2
17:15 to 18:30		ES Laffont Lecture
18:30 to 20:30		Welcome Reception, CICG
August 23, 2016
Time	Location	Event
08:30 to 09:45		EEA Marshall Lecture
09:45 to 17:00		Poster Session 1
09:45 to 10:15		Coffee Break
10:15 to 12:15	see below	Invited Sessions 1
12:30 to 13:30		EEA-ECB Session (organised by the European Central Bank)
12:15 to 13:45		Lunch
13:45 to 15:20	see below	Contributed Sessions 3
15:20 to 15:50		Coffee Break
15:50 to 17:00	see below	Contributed Sessions 4
17:15 to 18:30		ES Presidential Address
August 24, 2016
Time	Location	Event
08:30 to 09:45	see below	Contributed Sessions 5
09:45 to 17:00		Poster Sessions 2
09:45 to 10:15		Coffee Break
10:15 to 12:15	see below	Contributed Sessions 6
12:30 to 13:30		Local Organising Committee Session
12:15 to 13:45		Lunch
13:45 to 15:20	see below	Contributed Sessions 7
15:20 to 15:50		Coffee Break
15:50 to 17:00	see below	Contributed Sessions 8
17:15 to 18:30		EEA Presidential Address
18:30 to 19:00		EEA Members' Meeting
August 25, 2016
Time	Location	Event
08:30 to 09:45		ES Fisher-Schultz Lecture
09:45 to 17:00		Poster Sessions 3
09:45 to 10:15		Coffee Break
10:15 to 12:15	see below	Invited Sessions 2
12:30 to 13:30		IAAE Lecture
12:15 to 13:45		Lunch
13:45 to 15:20	see below	Contributed Sessions 9
15:20 to 15:50		Coffee Break
15:50 to 17:00	see below	Contributed Sessions 10
17:00 to 18:30		EEA Schumpeter Lecture
August 26, 2016
Time	Location	Event
08:30 to 09:45	see below	Contributed Sessions 11
09:45 to 10:15		Coffee Break
10:15 to 12:15	see below	Invited Sessions 3

Summary of All Sessions
Click here for an index of all participants

#	Date/Time	Location	Type	Title	Papers
1	August 22, 2016 11:30-13:30	CICG 4	invited	Economic Research and Economic Policy Challenges in Europe: Findings from the COEURE Project	0
2	August 22, 2016 13:45-15:20	GI S3	contributed	EEA Applied Macroeconomics	3
3	August 22, 2016 13:45-15:20	GI Auditoire B	contributed	EEA Banks and International Business Cycles	3
4	August 22, 2016 13:45-15:20	GI S5	contributed	EEA Corporate Finance I	4
5	August 22, 2016 13:45-15:20	CICG 21	contributed	EEA Education Economics I	4
6	August 22, 2016 13:45-15:20	CICG 5	contributed	EEA Environmental Economics I	4
7	August 22, 2016 13:45-15:20	GI S8	contributed	EEA Exchange Rates	4
8	August 22, 2016 13:45-15:20	CICG 22	contributed	EEA Financial Constraints and Macroeconomics	4
9	August 22, 2016 13:45-15:20	CICG 13	contributed	EEA Global Engagement of Firms	3
10	August 22, 2016 13:45-15:20	CICG Espace Motta 1	contributed	EEA Growth and Development I	4
11	August 22, 2016 13:45-15:20	GI S6	contributed	EEA Industrial Organization: Theory I	4
12	August 22, 2016 13:45-15:20	CICG 14	contributed	EEA Inflation	4
13	August 22, 2016 13:45-15:20	CICG 4	contributed	EEA Labor Economics: Program Evaluation I	4
14	August 22, 2016 13:45-15:20	CICG Espace Motta 2	contributed	EEA Political Economy: Elections	4
15	August 22, 2016 13:45-15:20	CICG 12	contributed	EEA R&D and Patents	4
16	August 22, 2016 13:45-15:20	CICG 20	contributed	EEA Search in Labor Markets I	4
17	August 22, 2016 13:45-15:20	CICG 16	contributed	EEA Trade Competition and Labor Market Effects	4
18	August 22, 2016 13:45-15:20	CICG 17	contributed	EEA Urban Economics	4
19	August 22, 2016 13:45-15:20	GI S1	contributed	EEA Wages I	4
20	August 22, 2016 13:45-15:20	CICG 3	contributed	ESEM Behavioural Economics I: Economics of Self-Control	4
21	August 22, 2016 13:45-15:20	CICG 19	contributed	ESEM Crises and Bubbles	4
22	August 22, 2016 13:45-15:20	CICG 23	contributed	ESEM Experimental Economics: Social Preferences and Public Goods	4
23	August 22, 2016 13:45-15:20	GI S9	contributed	ESEM Family Economics	4
24	August 22, 2016 13:45-15:20	CICG 7	contributed	ESEM Inference on Unit Roots and Co-Integration	4
25	August 22, 2016 13:45-15:20	GI S4	contributed	ESEM Macroeconomic Theory I: Aggregate Implications of Borrowing Constraints	4
26	August 22, 2016 13:45-15:20	CICG 2	contributed	ESEM Monetary Policy I	4
27	August 22, 2016 13:45-15:20	CICG 6	contributed	ESEM Oil and Commodity Markets	4
28	August 22, 2016 13:45-15:20	CICG 11	contributed	ESEM Political Economy I: Empirics	4
29	August 22, 2016 13:45-15:20	CICG 9	contributed	ESEM Rational Inattention	4
30	August 22, 2016 13:45-15:20	CICG 15	contributed	ESEM Strategic Communication I: Disclosure Games	4
31	August 22, 2016 13:45-15:20	CICG 18	contributed	ESEM Strategic Experimentation	4
32	August 22, 2016 13:45-15:20	GI S7	contributed	ESEM Topics in Applied Micro: Taxes	3
33	August 22, 2016 15:50-17:00	GI S1	contributed	EEA Consumption and Household Economics I	3
34	August 22, 2016 15:50-17:00	GI S5	contributed	EEA Development Economics: Empirical Studies I	3
35	August 22, 2016 15:50-17:00	CICG 8	contributed	EEA Economic Theory: Search and Matching	3
36	August 22, 2016 15:50-17:00	CICG 5	contributed	EEA Empirical Finance I	3
37	August 22, 2016 15:50-17:00	CICG Espace Motta 1	contributed	EEA Empirical Innovation Studies I	3
38	August 22, 2016 15:50-17:00	GI S8	contributed	EEA Environmental Economics and Growth	3
39	August 22, 2016 15:50-17:00	CICG 22	contributed	EEA Experimental and Behavioral Economics: Bounded Rationality I	3
40	August 22, 2016 15:50-17:00	GI S3	contributed	EEA Family Economics I	2
41	August 22, 2016 15:50-17:00	CICG 4	contributed	EEA Financial Crises I	3
42	August 22, 2016 15:50-17:00	CICG Espace Motta 2	contributed	EEA Growth: Structural Changes and Reforms	3
43	August 22, 2016 15:50-17:00	CICG 21	contributed	EEA Health Economics I	3
44	August 22, 2016 15:50-17:00	CICG Telecom	contributed	EEA Labour Supply I	3
45	August 22, 2016 15:50-17:00	CICG 12	contributed	EEA Migration I	3
46	August 22, 2016 15:50-17:00	CICG 13	contributed	EEA Monetary Economics: Empirics I	3
47	August 22, 2016 15:50-17:00	GI Auditoire B	contributed	EEA Monetary Policy in a Liquidity Trap	3
48	August 22, 2016 15:50-17:00	CICG 16	contributed	EEA Optimal Fiscal Policy	3
49	August 22, 2016 15:50-17:00	CICG 20	contributed	EEA Taxation and Labor Markets	3
50	August 22, 2016 15:50-17:00	CICG 14	contributed	EEA Topics in Econometrics	3
51	August 22, 2016 15:50-17:00	GI S6	contributed	EEA Topics in General Equilibrium Macroeconomics	3
52	August 22, 2016 15:50-17:00	CICG 17	contributed	EEA Topics in International Trade I	3
53	August 22, 2016 15:50-17:00	CICG 23	contributed	ESEM Bargaining: Theory and Experiments	3
54	August 22, 2016 15:50-17:00	CICG 3	contributed	ESEM Behavioural Economics II: Preference Evolution	2
55	August 22, 2016 15:50-17:00	CICG 18	contributed	ESEM Dynamic Games	3
56	August 22, 2016 15:50-17:00	CICG 19	contributed	ESEM GARCH Models	3
57	August 22, 2016 15:50-17:00	CICG 2	contributed	ESEM Identification Challenges in Econometrics	3
58	August 22, 2016 15:50-17:00	CICG 15	contributed	ESEM Information and Financial Markets: Empirics	3
59	August 22, 2016 15:50-17:00	GI S4	contributed	ESEM Macroeconomic Theory II	3
60	August 22, 2016 15:50-17:00	GI S7	contributed	ESEM Methods in Applied Micro-Econometrics	3
61	August 22, 2016 15:50-17:00	GI S9	contributed	ESEM Non-Parametrics and Semi-Parametrics	3
62	August 22, 2016 15:50-17:00	CICG 7	contributed	ESEM Persistent Processes in Financial Econometrics	3
63	August 22, 2016 15:50-17:00	CICG 11	contributed	ESEM Political Economy II	3
64	August 22, 2016 15:50-17:00	CICG 6	contributed	ESEM Topics in Asset Prices and Finance I	4
65	August 22, 2016 15:50-17:00	CICG 9	contributed	ESEM Voting Rules and Assignment Problems	3
66	August 22, 2016 17:15-18:30	CICG 1	plenary	Development, Distribution and Conflict	1
67	August 23, 2016 8:30-9:45	CICG 1	plenary	Consumer Search	1
68	August 23, 2016 9:45-17:00	N/A	poster	ESEM Poster Session 1	6
69	August 23, 2016 10:15-12:15	GI Auditoire A	invited	EEA Aggregate Fluctuations and Financial Frictions	3
70	August 23, 2016 10:15-12:15	CICG 1	invited	EEA Global Value Chains	4
71	August 23, 2016 10:15-12:15	GI Auditoire B	invited	EEA Investor Psychology and Financial Markets	3
72	August 23, 2016 10:15-12:15	CICG 4	invited	EEA Market Institutions and Social Behavior	3
73	August 23, 2016 10:15-12:15	CICG 3	invited	ES Advances in Econometrics	2
74	August 23, 2016 10:15-12:15	CICG 2	invited	ES Bounded Rationality and Behavioural Economics	2
75	August 23, 2016 12:30-13:30	CICG 2	invited	Completing Europe’s Economic and Monetary Union	0
76	August 23, 2016 13:45-15:20	CICG Espace Motta 1	contributed	EEA Banking Theory I	4
77	August 23, 2016 13:45-15:20	CICG Espace Motta 2	contributed	EEA Behavioral and Experimental Economics: Organization and Incentives	4
78	August 23, 2016 13:45-15:20	CICG 5	contributed	EEA Climate Change	2
79	August 23, 2016 13:45-15:20	CICG Telecom	contributed	EEA Cross-Border Banking I	4
80	August 23, 2016 13:45-15:20	CICG 12	contributed	EEA Economic History I	4
81	August 23, 2016 13:45-15:20	GI S8	contributed	EEA Education Economics II	4
82	August 23, 2016 13:45-15:20	GI S1	contributed	EEA Empirical Industrial Organization I	4
83	August 23, 2016 13:45-15:20	GI S5	contributed	EEA Field Experiments in Development Economics: Behavioral Aspects	3
84	August 23, 2016 13:45-15:20	CICG 16	contributed	EEA Fiscal Policy at the Zero Lower Bound	4
85	August 23, 2016 13:45-15:20	CICG 21	contributed	EEA Health Economics II	4
86	August 23, 2016 13:45-15:20	CICG 22	contributed	EEA Housing	4
87	August 23, 2016 13:45-15:20	CICG 20	contributed	EEA Information and Macroeconomics I	3
88	August 23, 2016 13:45-15:20	GI Auditoire B	contributed	EEA International Finance I	4
89	August 23, 2016 13:45-15:20	CICG 14	contributed	EEA Labour Supply II	4
90	August 23, 2016 13:45-15:20	GI S6	contributed	EEA Macroeconomics of Labor Markets I	4
91	August 23, 2016 13:45-15:20	CICG 4	contributed	EEA Monetary Economics: Empirics II	4
92	August 23, 2016 13:45-15:20	CICG 13	contributed	EEA Political Economy	4
93	August 23, 2016 13:45-15:20	GI S3	contributed	EEA Trade and FDI Dynamics	3
94	August 23, 2016 13:45-15:20	CICG 17	contributed	EEA Unemployment I	4
95	August 23, 2016 13:45-15:20	CICG 3	contributed	ESEM Advances in Treatment Effect Evaluation	4
96	August 23, 2016 13:45-15:20	CICG 6	contributed	ESEM Auction Theory I: Auctions and Markets	4
97	August 23, 2016 13:45-15:20	CICG 23	contributed	ESEM Bayesian Forecasting and Evaluation	4
98	August 23, 2016 13:45-15:20	GI 2	contributed	ESEM Computational Economics	4
99	August 23, 2016 13:45-15:20	CICG 11	contributed	ESEM Copulas in Financial Econometrics	2
100	August 23, 2016 13:45-15:20	CICG 7	contributed	ESEM DSGE Models	4
101	August 23, 2016 13:45-15:20	CICG 2	contributed	ESEM Econometric Challenges at the Zero-Lower Bound	4
102	August 23, 2016 13:45-15:20	GI S4	contributed	ESEM Finance I: MacroFinance Theory	4
103	August 23, 2016 13:45-15:20	CICG 9	contributed	ESEM Game Theory I	4
104	August 23, 2016 13:45-15:20	GI S7	contributed	ESEM Industrial Organization: Incentives and Innovation	4
105	August 23, 2016 13:45-15:20	CICG 15	contributed	ESEM Information Aggregation in Markets	4
106	August 23, 2016 13:45-15:20	CICG 18	contributed	ESEM Mechanism Design I	3
107	August 23, 2016 13:45-15:20	CICG 19	contributed	ESEM Social learning and Information Aggregation	4
108	August 23, 2016 13:45-15:20	GI S9	contributed	ESEM Topics in Econometric Theory: Discrete Choice Models	4
109	August 23, 2016 15:50-17:00	CICG 21	contributed	EEA Behavioral and Experimental Economics: Bounded Rationality II	3
110	August 23, 2016 15:50-17:00	CICG 20	contributed	EEA Consumption and Household Economics II	3
111	August 23, 2016 15:50-17:00	CICG 22	contributed	EEA Development Economics: Poverty	3
112	August 23, 2016 15:50-17:00	CICG Espace Motta 1	contributed	EEA Empirical Banking I	3
113	August 23, 2016 15:50-17:00	CICG Espace Motta 2	contributed	EEA Family Economics II	3
114	August 23, 2016 15:50-17:00	CICG 14	contributed	EEA Financial Econometrics	3
115	August 23, 2016 15:50-17:00	CICG Telecom	contributed	EEA Fiscal Policy I	3
116	August 23, 2016 15:50-17:00	GI S1	contributed	EEA Income Distribution and Inequality I	3
117	August 23, 2016 15:50-17:00	CICG 16	contributed	EEA Information and Monetary Policy	3
118	August 23, 2016 15:50-17:00	GI Auditoire B	contributed	EEA International Capital Flows	2
119	August 23, 2016 15:50-17:00	CICG 4	contributed	EEA International Spillovers of Macro-Prudential Policies and Regulation - ECB Sponsored Session	3
120	August 23, 2016 15:50-17:00	CICG 5	contributed	EEA Labor Economics: Program Evaluation II	3
121	August 23, 2016 15:50-17:00	GI S5	contributed	EEA Macroeconomics at the Zero Lower Bound	3
122	August 23, 2016 15:50-17:00	GI S8	contributed	EEA Migration II	3
123	August 23, 2016 15:50-17:00	GI S6	contributed	EEA Political Economics: Institutions I	3
124	August 23, 2016 15:50-17:00	GI S3	contributed	EEA Term Structure of Interest Rates	3
125	August 23, 2016 15:50-17:00	CICG 13	contributed	EEA The Effect of Tariffs and Non-Tariff-Barriers	3
126	August 23, 2016 15:50-17:00	CICG 17	contributed	EEA Topics in Behavioral and Experimental Economics	3
127	August 23, 2016 15:50-17:00	CICG 3	contributed	ESEM Advances in Treatment Effects	3
128	August 23, 2016 15:50-17:00	CICG 6	contributed	ESEM Auction Theory II	3
129	August 23, 2016 15:50-17:00	CICG 9	contributed	ESEM Decision Theory I	3
130	August 23, 2016 15:50-17:00	CICG 2	contributed	ESEM Empirical Macro: Inflation and Inflation Expectations	3
131	August 23, 2016 15:50-17:00	GI S9	contributed	ESEM Estimation in the Frequency Domain	3
132	August 23, 2016 15:50-17:00	CICG 15	contributed	ESEM Finance II: Reputation in Financial Markets	3
133	August 23, 2016 15:50-17:00	GI S4	contributed	ESEM Macroeconomic Theory III	3
134	August 23, 2016 15:50-17:00	CICG 18	contributed	ESEM Mechanism Design II	3
135	August 23, 2016 15:50-17:00	CICG 7	contributed	ESEM Political Economy III	3
136	August 23, 2016 15:50-17:00	CICG 19	contributed	ESEM Strategic Communication II: Cheap Talk	3
137	August 23, 2016 15:50-17:00	CICG 23	contributed	ESEM Structural Break Tests	2
138	August 23, 2016 15:50-17:00	GI S7	contributed	ESEM The Welfare State	3
139	August 23, 2016 15:50-17:00	CICG 11	contributed	ESEM Topics in Theoretical Econometrics	3
140	August 23, 2016 17:15-18:30	CICG 1	invited	Hard Evidence in Mechanism Design and in Games	1
141	August 24, 2016 8:30-9:45	CICG 16	contributed	EEA Business Cycles	3
142	August 24, 2016 8:30-9:45	CICG Espace Motta 1	contributed	EEA Commodity Prices and Macroeconomics	3
143	August 24, 2016 8:30-9:45	GI S5	contributed	EEA Development and Inequality	3
144	August 24, 2016 8:30-9:45	GI S1	contributed	EEA Economic Theory: Organizational Economics and Mechanism Design	3
145	August 24, 2016 8:30-9:45	CICG 22	contributed	EEA Education Economics III	3
146	August 24, 2016 8:30-9:45	GI S3	contributed	EEA Empirical Finance II	3
147	August 24, 2016 8:30-9:45	CICG 12	contributed	EEA Empirical Industrial Organization: Demand Analysis	3
148	August 24, 2016 8:30-9:45	CICG 17	contributed	EEA Exchange Rate Passthrough	3
149	August 24, 2016 8:30-9:45	CICG 8	contributed	EEA Forecasts, Reputational Concerns, and Expert Advice	3
150	August 24, 2016 8:30-9:45	CICG 13	contributed	EEA Gender Economics I	3
151	August 24, 2016 8:30-9:45	CICG 21	contributed	EEA Labor Economics: Program Evaluation III	3
152	August 24, 2016 8:30-9:45	CICG 20	contributed	EEA Long Run Developments: New Approaches	3
153	August 24, 2016 8:30-9:45	GI Auditoire B	contributed	EEA Monetary Economics I	3
154	August 24, 2016 8:30-9:45	CICG Espace Motta 2	contributed	EEA Political Economics: Institutions II	2
155	August 24, 2016 8:30-9:45	GI S6	contributed	EEA Procurement	2
156	August 24, 2016 8:30-9:45	CICG 4	contributed	EEA Topics in Behavioral Economics	3
157	August 24, 2016 8:30-9:45	CICG Telecom	contributed	EEA Topics in Development Economics	3
158	August 24, 2016 8:30-9:45	CICG 5	contributed	EEA Trade and Productivity	3
159	August 24, 2016 8:30-9:45	GI S8	contributed	EEA Unconventional Monetary Policy I	3
160	August 24, 2016 8:30-9:45	CICG 14	contributed	EEA Unemployment II	3
161	August 24, 2016 8:30-9:45	CICG 11	contributed	ESEM Applied Macroeconomics: Debt	3
162	August 24, 2016 8:30-9:45	CICG 15	contributed	ESEM Choice Theory	3
163	August 24, 2016 8:30-9:45	CICG 23	contributed	ESEM Connectedness	3
164	August 24, 2016 8:30-9:45	CICG 18	contributed	ESEM Mechanism Design III	3
165	August 24, 2016 8:30-9:45	CICG 19	contributed	ESEM Networks I: Networks and Pricing	3
166	August 24, 2016 8:30-9:45	GI S4	contributed	ESEM Panels I	3
167	August 24, 2016 8:30-9:45	CICG 3	contributed	ESEM Method of Moments Estimation in Large Dimensions	3
168	August 24, 2016 8:30-9:45	GI AUD A2	contributed	ESEM Political Economy IV	3
169	August 24, 2016 8:30-9:45	GI S9	contributed	ESEM Search and Matching I	3
170	August 24, 2016 8:30-9:45	CICG 9	contributed	ESEM Specification Tests for Volatility Dynamics	3
171	August 24, 2016 8:30-9:45	CICG 6	contributed	ESEM Strategic Communication III: Dynamic Games	3
172	August 24, 2016 8:30-9:45	GI AUD A	contributed	ESEM Structural Estimation in Microeconomics	3
173	August 24, 2016 8:30-9:45	CICG 7	contributed	ESEM Topics in Applied Macro I	3
174	August 24, 2016 9:45-17:00	N/A	poster	ESEM Poster Session 2	5
175	August 24, 2016 10:15-12:15	CICG 13	contributed	EEA Asset Pricing and Macroeconomics	5
176	August 24, 2016 10:15-12:15	CICG 14	contributed	EEA Behavioral Finance	4
177	August 24, 2016 10:15-12:15	CICG 16	contributed	EEA Econometrics: Forecasting	5
178	August 24, 2016 10:15-12:15	GI S6	contributed	EEA Econometrics: Structural Estimation	5
179	August 24, 2016 10:15-12:15	CICG Espace Motta 1	contributed	EEA Economic History II	5
180	August 24, 2016 10:15-12:15	CICG 17	contributed	EEA Economic Theory: Auctions	5
181	August 24, 2016 10:15-12:15	CICG Telecom	contributed	EEA Economic Theory: Dynamic Games	5
182	August 24, 2016 10:15-12:15	CICG Espace Motta 2	contributed	EEA Empirical Banking II	4
183	August 24, 2016 10:15-12:15	CICG 20	contributed	EEA Fiscal Policy II	5
184	August 24, 2016 10:15-12:15	GI S3	contributed	EEA Labor Economics	5
185	August 24, 2016 10:15-12:15	CICG 21	contributed	EEA Labor Economics: Demography and Gender	5
186	August 24, 2016 10:15-12:15	GI Auditoire B	contributed	EEA Macroprudential Policies I	5
187	August 24, 2016 10:15-12:15	CICG 22	contributed	EEA Pensions and Savings I	5
188	August 24, 2016 10:15-12:15	CICG 4	contributed	EEA Sovereign Debt and Banks	5
189	August 24, 2016 10:15-12:15	GI S8	contributed	EEA Taxation of Multinational Firms	5
190	August 24, 2016 10:15-12:15	CICG 5	contributed	EEA Trade and Macroeconomics	5
191	August 24, 2016 10:15-12:15	GI S5	contributed	EEA Uncertainty and Macroeconomics	5
192	August 24, 2016 10:15-12:15	CICG 15	contributed	ESEM Behavioural Economics III	4
193	August 24, 2016 10:15-12:15	GI S7	contributed	ESEM Bounds on Treatment Effects	4
194	August 24, 2016 10:15-12:15	CICG 23	contributed	ESEM Connectedness II	4
195	August 24, 2016 10:15-12:15	GI S4	contributed	ESEM Education and Occupational Choices	4
196	August 24, 2016 10:15-12:15	CICG 11	contributed	ESEM Evolutionary Game Theory I	4
197	August 24, 2016 10:15-12:15	CICG 19	contributed	ESEM Industrial Organization I	4
198	August 24, 2016 10:15-12:15	CICG 6	contributed	ESEM Markets and Incentives	4
199	August 24, 2016 10:15-12:15	CICG 18	contributed	ESEM Mechanism Design IV	4
200	August 24, 2016 10:15-12:15	GI AUD A2	contributed	ESEM Political Economy V: The Political Economy of Wars	3
201	August 24, 2016 10:15-12:15	GI S9	contributed	ESEM Political Economy VI: Macro	4
202	August 24, 2016 10:15-12:15	CICG 9	contributed	ESEM Specification Testing	5
203	August 24, 2016 10:15-12:15	CICG 3	contributed	ESEM Topics in Asset Prices and Finance II	5
204	August 24, 2016 10:15-12:15	CICG 7	contributed	ESEM Topics in Applied Macro II	4
205	August 24, 2016 10:15-12:15	GI S2	contributed	ESEM Topics in Applied Micro	4
206	August 24, 2016 10:15-12:15	GI AUD A	contributed	ESEM Topics in Micro-Econometrics	5
207	August 24, 2016 12:30-13:30	CICG 2	invited	Academia and IO Partnerships on Development Challenges	3
208	August 24, 2016 13:45-15:20	GI Auditoire B	contributed	EEA Banking Theory II	4
209	August 24, 2016 13:45-15:20	CICG 21	contributed	EEA Behavioral and Experimental Economics: Trust and Reciprocity	4
210	August 24, 2016 13:45-15:20	GI S8	contributed	EEA Cross-Border Banking II	4
211	August 24, 2016 13:45-15:20	CICG Espace Motta 1	contributed	EEA Economics of Schooling	4
212	August 24, 2016 13:45-15:20	GI S3	contributed	EEA Environmental Economics and Household Responses	4
213	August 24, 2016 13:45-15:20	CICG 17	contributed	EEA Growth and Development II	4
214	August 24, 2016 13:45-15:20	CICG 22	contributed	EEA Health Economics III	4
215	August 24, 2016 13:45-15:20	CICG 16	contributed	EEA Income Distribution and Inequality II	4
216	August 24, 2016 13:45-15:20	GI S1	contributed	EEA Industrial Organization: Theory II	4
217	August 24, 2016 13:45-15:20	CICG 13	contributed	EEA Innovation and the Patent System	4
218	August 24, 2016 13:45-15:20	GI S5	contributed	EEA Macroeconomics and Finance	4
219	August 24, 2016 13:45-15:20	CICG 20	contributed	EEA Macroeconomics of Labor Markets II	4
220	August 24, 2016 13:45-15:20	CICG 14	contributed	EEA Macroprudential Policies II	4
221	August 24, 2016 13:45-15:20	CICG 5	contributed	EEA Managing Trade and Export Patterns	4
222	August 24, 2016 13:45-15:20	CICG Telecom	contributed	EEA Mergers, Regulation and Competition Policy	4
223	August 24, 2016 13:45-15:20	CICG 12	contributed	EEA Migration III	4
224	August 24, 2016 13:45-15:20	CICG 4	contributed	EEA Open Economy Macroeconomics I	4
225	August 24, 2016 13:45-15:20	GI S6	contributed	EEA Search in Labor Markets II	3
226	August 24, 2016 13:45-15:20	CICG Espace Motta 2	contributed	EEA Unconventional Monetary Policy II	4
227	August 24, 2016 13:45-15:20	GI S4	contributed	ESEM Auction Theory III	3
228	August 24, 2016 13:45-15:20	CICG 11	contributed	ESEM Banking and Finance	4
229	August 24, 2016 13:45-15:20	GI S7	contributed	ESEM Decision Under Uncertainty	4
230	August 24, 2016 13:45-15:20	GI S9	contributed	ESEM Dynamic Contracts I	4
231	August 24, 2016 13:45-15:20	GI AUD A2	contributed	ESEM Finance III: Trading and Financial Intermediation	4
232	August 24, 2016 13:45-15:20	CICG 7	contributed	ESEM Generalized Method of Moments Estimation	4
233	August 24, 2016 13:45-15:20	CICG 23	contributed	ESEM Macro-Finance and Housing	4
234	August 24, 2016 13:45-15:20	GI S2	contributed	ESEM Matching Markets I	3
235	August 24, 2016 13:45-15:20	CICG 15	contributed	ESEM Mixed Frequency Estimation	4
236	August 24, 2016 13:45-15:20	CICG 3	contributed	ESEM Political Economy VII: Immigration Policy	4
237	August 24, 2016 13:45-15:20	CICG 6	contributed	ESEM Portfolios and Financial Returns	4
238	August 24, 2016 13:45-15:20	CICG 19	contributed	ESEM Predictability in Finance	4
239	August 24, 2016 13:45-15:20	CICG 18	contributed	ESEM Topics in Finance	4
240	August 24, 2016 15:50-17:00	CICG 16	contributed	EEA Banks and Business Cycles	3
241	August 24, 2016 15:50-17:00	GI S8	contributed	EEA Behavioral and Experimental Economics: Auctions	3
242	August 24, 2016 15:50-17:00	CICG Espace Motta 1	contributed	EEA Consumption and Household Economics III	3
243	August 24, 2016 15:50-17:00	GI Auditoire B	contributed	EEA Development Economics: Empirical Studies II	3
244	August 24, 2016 15:50-17:00	CICG 21	contributed	EEA Development Economics: Savings and Microfinance	3
245	August 24, 2016 15:50-17:00	CICG 22	contributed	EEA Education Economics IV	3
246	August 24, 2016 15:50-17:00	GI S5	contributed	EEA Empirical Industrial Organization II	3
247	August 24, 2016 15:50-17:00	GI S3	contributed	EEA Environmental Economics II	3
248	August 24, 2016 15:50-17:00	CICG 12	contributed	EEA Family Economics III	3
249	August 24, 2016 15:50-17:00	CICG 17	contributed	EEA Financial Crises II	3
250	August 24, 2016 15:50-17:00	CICG 8	contributed	EEA Financial Market Microstructure I	3
251	August 24, 2016 15:50-17:00	CICG 13	contributed	EEA Gender Economics II	3
252	August 24, 2016 15:50-17:00	CICG 20	contributed	EEA Housing and Finance	3
253	August 24, 2016 15:50-17:00	CICG Espace Motta 2	contributed	EEA Monetary Economics II	3
254	August 24, 2016 15:50-17:00	GI S6	contributed	EEA Monetary Economics: Empirics III	3
255	August 24, 2016 15:50-17:00	CICG 5	contributed	EEA Political Economics: Lobbying and Interest Groups	3
256	August 24, 2016 15:50-17:00	GI S1	contributed	EEA Search in Labor Markets III	3
257	August 24, 2016 15:50-17:00	CICG Telecom	contributed	EEA Taxation and Tax Evasion	2
258	August 24, 2016 15:50-17:00	CICG 14	contributed	EEA Unemployment III	3
259	August 24, 2016 15:50-17:00	CICG 4	contributed	EEA Wealth Heterogeneity, Macroeconomics, and Monetary Policy - ECB Sponsored Session	3
260	August 24, 2016 15:50-17:00	CICG 3	contributed	ESEM Culture and Economics	3
261	August 24, 2016 15:50-17:00	GI S7	contributed	ESEM Decision Theory II	3
262	August 24, 2016 15:50-17:00	GI S9	contributed	ESEM Dynamic Contracts II	3
263	August 24, 2016 15:50-17:00	GI AUD A2	contributed	ESEM Industrial Organization II	3
264	August 24, 2016 15:50-17:00	CICG 18	contributed	ESEM Industrial Organization and Trade	3
265	August 24, 2016 15:50-17:00	CICG 23	contributed	ESEM International Macroeconomics	2
266	August 24, 2016 15:50-17:00	CICG 11	contributed	ESEM Monetary Policy II	3
267	August 24, 2016 15:50-17:00	CICG 15	contributed	ESEM Panel Data Models with Persistence	3
268	August 24, 2016 15:50-17:00	CICG 6	contributed	ESEM Political Economy and Development	3
269	August 24, 2016 15:50-17:00	GI S2	contributed	ESEM Search and Matching II	2
270	August 24, 2016 15:50-17:00	GI S4	contributed	ESEM Strategic Communication IV: Persuasion Games	3
271	August 24, 2016 15:50-17:00	CICG 19	contributed	ESEM Time-Varying Volatility	3
272	August 24, 2016 15:50-17:00	CICG 7	contributed	ESEM: Topics in Applied Micro: Health Economics, Productivity and Wages	3
273	August 24, 2016 17:15-18:30	CICG 1	plenary	Growing and Slowing Down Like China	1
274	August 25, 2016 8:30-9:45	CICG 1	invited	Long-Run Covariability	1
275	August 25, 2016 9:45-17:00	N/A	poster	ESEM Poster Session 3	4
276	August 25, 2016 10:15-12:15	CICG 4	invited	EEA Advances in Empirical Industrial Organization	3
277	August 25, 2016 10:15-12:15	CICG 1	invited	EEA Culture and Institutions (a Economica special session)	3
278	August 25, 2016 10:15-12:15	GI Auditoire B	invited	EEA Information Frictions in Macroeconomics	3
279	August 25, 2016 10:15-12:15	GI Auditoire A	invited	EEA International Debt and Crises	3
280	August 25, 2016 10:15-12:15	CICG 2	invited	ES Advances in Economic Theory	2
281	August 25, 2016 10:15-12:15	CICG 3	invited	ES Economic Forecasting	2
282	August 25, 2016 12:30-13:30	CICG 4	invited	IAAE Lecture	1
283	August 25, 2016 13:45-15:20	GI Auditoire B	contributed	EEA Behavioral Economics: Law and Economics and Moral Behavior	4
284	August 25, 2016 13:45-15:20	CICG 20	contributed	EEA Bureaucracies and Corruption	4
285	August 25, 2016 13:45-15:20	CICG Espace Motta 1	contributed	EEA Cross-Border Banking III	3
286	August 25, 2016 13:45-15:20	CICG Espace Motta 2	contributed	EEA Corporate Finance II	4
287	August 25, 2016 13:45-15:20	CICG Telecom	contributed	EEA Environmental Policies: Empirical Studies	4
288	August 25, 2016 13:45-15:20	CICG 5	contributed	EEA Empirical Innovation Studies II	4
289	August 25, 2016 13:45-15:20	CICG 16	contributed	EEA Fiscal Consolidation	3
290	August 25, 2016 13:45-15:20	CICG 17	contributed	EEA Growth and Development III	4
291	August 25, 2016 13:45-15:20	CICG 14	contributed	EEA Industrial Organization: Theory III	4
292	August 25, 2016 13:45-15:20	CICG 4	contributed	EEA International Finance II	4
293	August 25, 2016 13:45-15:20	GI S8	contributed	EEA Labor Economics: Returns to Education	4
294	August 25, 2016 13:45-15:20	CICG 21	contributed	EEA Migration IV	4
295	August 25, 2016 13:45-15:20	GI S3	contributed	EEA Monetary Economics: Empirics IV	4
296	August 25, 2016 13:45-15:20	CICG 22	contributed	EEA Pensions and Savings: Behavioral Economics	4
297	August 25, 2016 13:45-15:20	GI S1	contributed	EEA Preferences and Macroeconomics	4
298	August 25, 2016 13:45-15:20	CICG 13	contributed	EEA Topics in International Trade II	4
299	August 25, 2016 13:45-15:20	GI S5	contributed	EEA Topics in Monetary Economics	4
300	August 25, 2016 13:45-15:20	GI S6	contributed	EEA Wages II	4
301	August 25, 2016 13:45-15:20	CICG 2	contributed	ESEM Bayesian Inference	4
302	August 25, 2016 13:45-15:20	CICG 6	contributed	ESEM Contract Theory I	4
303	August 25, 2016 13:45-15:20	GI S7	contributed	ESEM Empirical Contributions in Applied Micro	3
304	August 25, 2016 13:45-15:20	CICG 18	contributed	ESEM Equity and Bond Returns Dynamics	4
305	August 25, 2016 13:45-15:20	GI AUD A2	contributed	ESEM Finance IV: Information and Financial Markets	3
306	August 25, 2016 13:45-15:20	CICG 23	contributed	ESEM Fiscal Policy	4
307	August 25, 2016 13:45-15:20	CICG 15	contributed	ESEM Forecasting	4
308	August 25, 2016 13:45-15:20	GI S3	contributed	ESEM Game Theory II: Applications of Global Games	4
309	August 25, 2016 13:45-15:20	GI S4	contributed	ESEM Housing and the Macro-Economy	4
310	August 25, 2016 13:45-15:20	CICG 19	contributed	ESEM Industrial Organization III: Theory and Experiments	4
311	August 25, 2016 13:45-15:20	CICG 7	contributed	ESEM Matching Markets II	3
312	August 25, 2016 13:45-15:20	CICG 3	contributed	ESEM Methods for SVAR and DSGE Models	4
313	August 25, 2016 13:45-15:20	CICG 11	contributed	ESEM Networks II: Intermediation Networks	4
314	August 25, 2016 13:45-15:20	CICG 9	contributed	ESEM Regularization Methods	4
315	August 25, 2016 13:45-15:20	GI S9	contributed	ESEM Trade	4
316	August 25, 2016 15:50-17:00	GI Auditoire B	contributed	EEA Behavioral and Experimental Economics: Nudging	3
317	August 25, 2016 15:50-17:00	CICG 22	contributed	EEA Development Economics: Credit Markets and Insurance	2
318	August 25, 2016 15:50-17:00	GI S1	contributed	EEA: Economic Theory: Mechanism Design	2
319	August 25, 2016 15:50-17:00	CICG 21	contributed	EEA Education Economics V	3
320	August 25, 2016 15:50-17:00	CICG 14	contributed	EEA Expectations in Macroeconomics	2
321	August 25, 2016 15:50-17:00	GI S3	contributed	EEA Family Economics IV	3
322	August 25, 2016 15:50-17:00	CICG 4	contributed	EEA Health Economics IV	3
323	August 25, 2016 15:50-17:00	CICG Telecom	contributed	EEA Households Consumption and Saving	3
324	August 25, 2016 15:50-17:00	GI S5	contributed	EEA Labor Economics: Program Evaluation IV	3
325	August 25, 2016 15:50-17:00	CICG 20	contributed	EEA Labour Supply III	3
326	August 25, 2016 15:50-17:00	CICG Espace Motta 2	contributed	EEA Media and Asset Pricing	3
327	August 25, 2016 15:50-17:00	CICG 5	contributed	EEA Multinational Firms	3
328	August 25, 2016 15:50-17:00	CICG 12	contributed	EEA Open Economy Macroeconomics II	3
329	August 25, 2016 15:50-17:00	CICG 17	contributed	EEA Political Economics and Inequality	3
330	August 25, 2016 15:50-17:00	CICG 8	contributed	EEA Regulation: Empirical Studies	3
331	August 25, 2016 15:50-17:00	GI S6	contributed	EEA Search in Labor Markets IV	3
332	August 25, 2016 15:50-17:00	CICG Espace Motta 1	contributed	EEA Sovereign Debt: Theory	3
333	August 25, 2016 15:50-17:00	CICG 13	contributed	EEA Taxation I	3
334	August 25, 2016 15:50-17:00	GI S8	contributed	EEA The Political Economics of Conflict and Crime	3
335	August 25, 2016 15:50-17:00	CICG 16	contributed	EEA Unemployment IV	3
336	August 25, 2016 15:50-17:00	GI S7	contributed	ESEM Education	3
337	August 25, 2016 15:50-17:00	GI S9	contributed	ESEM Empirical Macro: Productivity and Investment	3
338	August 25, 2016 15:50-17:00	CICG 6	contributed	ESEM Financial Contracts	3
339	August 25, 2016 15:50-17:00	GI S3	contributed	ESEM Game Theory III	3
340	August 25, 2016 15:50-17:00	CICG 3	contributed	ESEM Identification Issues in Structural VARs and DSGE Models	2
341	August 25, 2016 15:50-17:00	CICG 23	contributed	ESEM International Macroeconomics II	2
342	August 25, 2016 15:50-17:00	GI AUD A2	contributed	ESEM Macroeconomic Theory IV: Firm Size dynamics	3
343	August 25, 2016 15:50-17:00	CICG 9	contributed	ESEM Macroeconomics with Time-Varying Parameters	3
344	August 25, 2016 15:50-17:00	CICG 7	contributed	ESEM Matching Markets III: Applications of Assortative Matching	3
345	August 25, 2016 15:50-17:00	CICG 19	contributed	ESEM Political Economy VIII	3
346	August 25, 2016 15:50-17:00	CICG 15	contributed	ESEM Uncertainty	3
347	August 25, 2016 15:50-17:00	CICG 18	contributed	ESEM Volatility	2
348	August 25, 2016 17:00-18:30	CICG 1	plenary	Coordination and Aggregate Demand	1
349	August 26, 2016 8:30-9:45	GI Auditoire B	contributed	EEA Behavioral and Experimental Economics: Public goods	2
350	August 26, 2016 8:30-9:45	CICG 21	contributed	EEA Development Economics: Field and Laboratory Experiments	3
351	August 26, 2016 8:30-9:45	CICG 8	contributed	EEA Economic Theory: Information and Uncertainty	3
352	August 26, 2016 8:30-9:45	GI S8	contributed	EEA Education Economics VI	2
353	August 26, 2016 8:30-9:45	CICG 14	contributed	EEA Empirical Finance III	3
354	August 26, 2016 8:30-9:45	GI S3	contributed	EEA Empirical Industrial Organization: Pricing	3
355	August 26, 2016 8:30-9:45	CICG 22	contributed	EEA Experiments and Games	3
356	August 26, 2016 8:30-9:45	CICG Telecom	contributed	EEA Family Economics V	3
357	August 26, 2016 8:30-9:45	GI S1	contributed	EEA Financial Market Microstructure II	3
358	August 26, 2016 8:30-9:45	CICG 4	contributed	EEA Health Economics V	3
359	August 26, 2016 8:30-9:45	GI S5	contributed	EEA Income Distribution and Inequality III	3
360	August 26, 2016 8:30-9:45	CICG 20	contributed	EEA Information and Macroeconomics II	3
361	August 26, 2016 8:30-9:45	CICG Espace Motta 2	contributed	EEA International Economics and Labor Market Effects	3
362	August 26, 2016 8:30-9:45	CICG 5	contributed	EEA Labour Supply IV	3
363	August 26, 2016 8:30-9:45	GI S6	contributed	EEA Migration V	3
364	August 26, 2016 8:30-9:45	CICG 12	contributed	EEA Monetary Economics III	2
365	August 26, 2016 8:30-9:45	CICG 17	contributed	EEA Pensions and Savings II	3
366	August 26, 2016 8:30-9:45	CICG Espace Motta 1	contributed	EEA Political Economics: Institutions III	2
367	August 26, 2016 8:30-9:45	CICG 13	contributed	EEA Taxation II	3
368	August 26, 2016 8:30-9:45	CICG 16	contributed	EEA Topics in Public Economics	2
369	August 26, 2016 8:30-9:45	CICG 3	contributed	ESEM Contract Theory II	3
370	August 26, 2016 8:30-9:45	GI S4	contributed	ESEM Econometric Contributions for Applied Microeconomics	3
371	August 26, 2016 8:30-9:45	CICG 11	contributed	ESEM Evolutionary Game Theory II	3
372	August 26, 2016 8:30-9:45	CICG 6	contributed	ESEM Finance V: Theory and Empirics	3
373	August 26, 2016 8:30-9:45	GI S7	contributed	ESEM Games and Search	3
374	August 26, 2016 8:30-9:45	CICG 19	contributed	ESEM Macroeconomic Theory V	3
375	August 26, 2016 8:30-9:45	CICG 23	contributed	ESEM Methods in Macroeconometrics	3
376	August 26, 2016 8:30-9:45	CICG 9	contributed	ESEM Non-Parametrics and Semi-Parametrics II	3
377	August 26, 2016 8:30-9:45	CICG 15	contributed	ESEM Panels II	3
378	August 26, 2016 8:30-9:45	GI S2	contributed	ESEM Poverty	3
379	August 26, 2016 8:30-9:45	CICG 18	contributed	ESEM Risk and the Macroeconomy	3
380	August 26, 2016 8:30-9:45	GI S9	contributed	ESEM Search and Matching III: Unemployment	3
381	August 26, 2016 10:15-12:15	CICG 4	invited	EEA Advances in Management and Productivity	3
382	August 26, 2016 10:15-12:15	CICG 1	invited	EEA Economics of Conflicts	3
383	August 26, 2016 10:15-12:15	GI Auditoire A	invited	EEA Liquidity Traps	4
384	August 26, 2016 10:15-12:15	GI Auditoire B	invited	EEA Persistence and Long-Run Growth: Historical Perspectives	3
385	August 26, 2016 10:15-12:15	CICG 3	invited	ES Advances in Contract Theory	2
386	August 26, 2016 10:15-12:15	CICG 2	invited	ES Advances in the Analysis of Macro and Financial Data	2

 

386 sessions, 1279 papers, and 0 presentations with no associated papers

EEA-ESEM Geneva 2016
Detailed List of Sessions

Session 1: Economic Research and Economic Policy Challenges in Europe: Findings from the COEURE Project August 22, 2016 11:30 to 13:30 CICG 4
Session Chair: Richard Blundell, University College London and IFS
Session type: invited
Discussants:      1 Philippe Aghion, College de France and London School of Economics      2 Juan Jose Dolado, European University Institute      3 Miklós Koren, Central European University
Session 2: EEA Applied Macroeconomics August 22, 2016 13:45 to 15:20 GI S3
Session Chair: Yves Stephan Schueler, University of Konstanz
Session type: contributed
Market and Political Power Interactions in Greece: An Empirical Investigation
presented by: Vanghelis Vassilatos, Athens University of Economics and Business
A Tale of Fat Tails
presented by: Samreen Malik, NYU - Abu Dhabi
CHARACTERISING THE FINANCIAL CYCLE: A MULTIVARIATE AND TIME-VARYING APPROACH
presented by: Yves Stephan Schueler, University of Konstanz
Session 3: EEA Banks and International Business Cycles August 22, 2016 13:45 to 15:20 GI Auditoire B
Session Chair: Stefan Avdjiev, Bank for International Settlements
Session type: contributed
Banks’ balance sheets and the international transmission of shocks
presented by: Johanna Krenz, Humboldt-Universität zu Berlin
Financial Intermediation, Resource Allocation, and Macroeconomic Interdependence
presented by: Galip Ozhan, University of Washington
U.S. monetary policy and fluctuations of international bank lending
presented by: Stefan Avdjiev, Bank for International Settlements
Session 4: EEA Corporate Finance I August 22, 2016 13:45 to 15:20 GI S5
Session Chair: Günter Strobl, Frankfurt School of Finance & Management
Session type: contributed
CEO Vision, Tenure, and Turnover
presented by: Vladimir Vladimirov, University of Amsterdam
The Effect of Activists' Short-Termism on Corporate Governance
presented by: Jing Zeng, Frankfurt School of Finance and Management
Quorum Rules and Shareholder Power
presented by: Patricia Charlety, Essec Business School
The Effect of Speculative Monitoring on Shareholder Activism
presented by: Günter Strobl, Frankfurt School of Finance & Management
Session 5: EEA Education Economics I August 22, 2016 13:45 to 15:20 CICG 21
Session Chair: Matthijs Oosterveen, Erasmus University Rotterdam
Session type: contributed
May I be excused? Identification of returns to absences and class peer effects
presented by: Sofoklis Goulas, University of North Carolina,Chapel Hill
Retaking in High Stakes Exams: Is Less More?
presented by: Sergey Lychagin, Central European University
Endogenous Shocks in Social Networks: Effects of Students' Exam Retakes on their Friends' Future Performance
presented by: Maria Marchenko, University of Mannheim
The Effect of Compulsory Tutorial Groups on Student Performance
presented by: Matthijs Oosterveen, Erasmus University Rotterdam
Session 6: EEA Environmental Economics I August 22, 2016 13:45 to 15:20 CICG 5
Session Chair: Alex Dickson, University of Strathclyde
Session type: contributed
Heterogeneous Preferences and Investments in Energy Saving Measures
presented by: Simeon Schudy, University of Munich
Is There An Energy Efficiency Gap In Households' Purchases Of White Goods In Switzerland?
presented by: Marcel Stadelmann, ETH Zürich
Welfare and Redistribution Effects in Energy Markets with Solar Power
presented by: Fabian Feger, University of Bern
Strategic trade in pollution permits
presented by: Alex Dickson, University of Strathclyde
Session 7: EEA Exchange Rates August 22, 2016 13:45 to 15:20 GI S8
Session Chair: Michele Ca' Zorzi, European Central Bank
Session type: contributed
Dissecting Volatility Risks in Currency Markets
presented by: Qi Xu, University of Warwick
A stock market-based indicator for currency risk: Evidence from American Depositary Receipts
presented by: Ingmar Roevekamp, Leibniz University of Hanover
Currency risk premia and the monetary policy stance
presented by: Thomas Kostka, European Central Bank
Exchange rate forecasting with DSGE models
presented by: Michele Ca' Zorzi, European Central Bank
Session 8: EEA Financial Constraints and Macroeconomics August 22, 2016 13:45 to 15:20 CICG 22
Session Chair: Marc Teignier, Universitat de Barcelona
Session type: contributed
The Effect of Personal Financing Disruptions on Entrepreneurship
presented by: Tobin Hanspal, Copenhagen Business School
Idiosyncratic Investment Risk and Financial Intermediation
presented by: Lukas Mayr, European University Institute
The Effect of Bank Shocks on Firm-Level and Aggregate Investment
presented by: João Amador, Banco de Portugal
Financial Development, Credit and Business Cycles
presented by: Marc Teignier, Universitat de Barcelona
Session 9: EEA Global Engagement of Firms August 22, 2016 13:45 to 15:20 CICG 13
Session Chair: Stela Rubínová, The Graduate Institute, Geneva
Session type: contributed
Signing a Bilateral Investment Treaty - A tradeoff between investment protection and regulation
presented by: Chen Li, University of Munich
Offshoring, Firm Selection, and Job Polarisation in General Equilibrium
presented by: Hartmut Egger, University of Bayreuth
The supplier network of exporters
presented by: Stela Rubínová, The Graduate Institute, Geneva
Session 10: EEA Growth and Development I August 22, 2016 13:45 to 15:20 CICG Espace Motta 1
Session Chair: Melanie Krause, University of Hamburg
Session type: contributed
On the Effects of the Transatlantic Trade and Investment Partnership on Trade and Capital Accumulation
presented by: Mario Larch, University of Bayreuth
Urbanization, Growth and Structural Change
presented by: Fabian Eckert,
Corruption, Institutional Quality and Growth: a Panel Smooth Transition Regression approach
presented by: Camelia Turcu, University of Orléans - LEO
Top Lights - Bright Spots and their Contribution to Economic Development
presented by: Melanie Krause, University of Hamburg
Session 11: EEA Industrial Organization: Theory I August 22, 2016 13:45 to 15:20 GI S6
Session Chair: Topi Miettinen, Hanken School of Economics
Session type: contributed
Curbing Obfuscation: Empower Consumers or Regulate Firms?
presented by: Yiquan Gu, University of Liverpool
Dynamics of Compatibility under Switching Costs
presented by: Domenico Menicucci, Universita' degli Studi di Firenze
Sales Competition with Heterogeneous Firms
presented by: Chris Wilson, Loughborough University
Strategic short-termism
presented by: Topi Miettinen, Hanken School of Economics
Session 12: EEA Inflation August 22, 2016 13:45 to 15:20 CICG 14
Session Chair: Gregor Baeurle, Swiss National Bank
Session type: contributed
Demographics and inflation: A cointegration analysis
[slides]
presented by: Yiqiao Sun, European Central Bank; WHU-Otto Beisheim School of Management
Inequality and Policy Changes: The Case of a Decline in In‡flation
presented by: Bernardino Adao, Banco de Portugal
The Joint Dynamics of the U.S. and Euro Area Inflation: Expectations and Time-varying Uncertainty
presented by: Sarah Mouabbi, Banque de France
Monetary policy and international spillovers to Switzerland -- An investigation with disaggregated prices
presented by: Gregor Baeurle, Swiss National Bank
Session 13: EEA Labor Economics: Program Evaluation I August 22, 2016 13:45 to 15:20 CICG 4
Session Chair: Romain Espinosa, University Paris 2 Panthéon Assas
Session type: contributed
Does outsourcing job search assistance help job seekers find and keep job?
presented by: Lionel Cottier, University of Lausanne
A Randomized Experiment On Matching Unemployed Workers And Employers
presented by: Lennart Ziegler, University of Amsterdam
Screening through Activation: Differential Effects of a Youth Activation Programme
presented by: Kaisa Kotakorpi, University of Turku
Access to Labor Courts & Unemployment: Evidence from French Labor Courts
presented by: Romain Espinosa, University Paris 2 Panthéon Assas
Session 14: EEA Political Economy: Elections August 22, 2016 13:45 to 15:20 CICG Espace Motta 2
Session Chair: Christoph Koenig, University of Bristol
Session type: contributed
Voter Preferences And Political Change: Evidence From Shale Booms
presented by: Viktar Fedaseyeu, Bocconi University
Electing the Pope: appointments by repeated ballots
presented by: Jan Zapal, CERGE-EI, IAE-CSIC, and Barcelona GSE
Does Political Experience Influence Policy Positions?
presented by: Riikka Savolainen, Helsinki Center of Economic Research (HECER)
Loose Cannons - War Veterans and the Erosion of Democracy in Weimar Germany
presented by: Christoph Koenig, University of Bristol
Session 15: EEA R&D and Patents August 22, 2016 13:45 to 15:20 CICG 12
Session Chair: Christian Kiedaisch, University of Zurich
Session type: contributed
Mixing to imitate: On the need for intellectual property right
presented by: Klaus Kultti, university of helsinki
Head Starts and Doomed Losers: Contest via Search
presented by: Dmitriy Knyazev, Bonn University
R&D and market entry timing with incomplete information
presented by: Andreas Frick, Leibniz University of Hannover
Optimal Patent Strength under Financial Constraints
presented by: Christian Kiedaisch, University of Zurich
Session 16: EEA Search in Labor Markets I August 22, 2016 13:45 to 15:20 CICG 20
Session Chair: Alexey Gorn, Bocconi University
Session type: contributed
Wage Dispersion and Search Behavior
presented by: Andreas Mueller, Columbia University
Do neighbors help finding a job? Social networks and labor market outcomes after plant closures
presented by: Michael Neugart, Technische Universität Darmstadt
A Matching Model with Heterogeneity in Commuting and Relocation Costs
presented by: Anne Bucher, Université de Strasbourg
The Role of Headhunters in Wage Inequality: It's All about Matching
presented by: Alexey Gorn, Bocconi University
Session 17: EEA Trade Competition and Labor Market Effects August 22, 2016 13:45 to 15:20 CICG 16
Session Chair: Yuan Zi, The Graduate Institute, Geneva (IHEID)
Session type: contributed
Marriage, Divorce, and Fertility: Life in the Face of Import Competition
presented by: Hale Utar, Bielefeld University
Trade Competiton, Technology and Labor Re-allocation
presented by: Selva Baziki, Central Bank of the Republic of Turkey
Gender, Informal Employment and Trade Liberalization in Mexico
presented by: Sarra Ben Yahmed, Centre for European Economic Research (ZEW) Mannheim
WTO Accession and the Great Labor Reallocation
presented by: Yuan Zi, The Graduate Institute, Geneva (IHEID)
Session 18: EEA Urban Economics August 22, 2016 13:45 to 15:20 CICG 17
Session Chair: Florent Dubois, Aix-Marseille University
Session type: contributed
Tax Effects of Amalgamations: Evidence from Swiss Municipalities
presented by: Florian Chatagny, ETH Zürich
Airport Size and Urban Growth
presented by: Nicholas Sheard, Norwegian University of Science and Tech
The role of education for amenity based sorting in British cities
presented by: Luisa Gagliardi, University of Geneva and LSE-SERC
Segregation and the perception of the minority
presented by: Florent Dubois, Aix-Marseille University
Session 19: EEA Wages I August 22, 2016 13:45 to 15:20 GI S1
Session Chair: Theodore Koutmeridis, University of Glasgow
Session type: contributed
Returns to ICT Skills
presented by: Alexandra Heimisch, ifo Institute
Effort and Selection Effects of Performance Pay in Knowledge Creation
presented by: Erina Ytsma, MIT
The Impact of Organization Costs when Firm-selection Matters
presented by: Jörg Lingens, U Münster
Misallocation, Education Expansion and Wage Inequality
presented by: Theodore Koutmeridis, University of Glasgow
Session 20: ESEM Behavioural Economics I: Economics of Self-Control August 22, 2016 13:45 to 15:20 CICG 3
Session Chair: Ed Hopkins, University of Edinburgh
Session type: contributed
Doing it when others do: a strategic model of procrastination
presented by: Claudia Cerrone, Max Planck Institute, Bonn
When Commitment Fails - Evidence from a Regular Saver Product in the Philippines
presented by: Anett John, CREST
Housing, Mortgages, and Self Control
presented by: Kathrin Schlafmann, Institute for International Economic Studies
Higher Education as a Signal of Non-Cognitive Skills: Self-Control Preferences in a High Temptation Environment
presented by: Ed Hopkins, University of Edinburgh
Session 21: ESEM Crises and Bubbles August 22, 2016 13:45 to 15:20 CICG 19
Session Chair: Simon van Norden, HEC Montréal
Session type: contributed
Macroeconomic indicators explain and predict default? A study using Brazilian data
presented by: Pedro Valls Pereira, Sao Paulo School of Economics - FGV
Bubbles and Trading Frenzies: Evidence from the Art Market
presented by: Julien Penasse, Luxembourg School of Finance
A New Mechanism for Anticipating Price Exuberance
presented by: Luis Filipe Martins, ISCTE - Lisbon University Institute
Basel III and the Prediction of Financial Crises
presented by: Simon van Norden, HEC Montréal
Session 22: ESEM Experimental Economics: Social Preferences and Public Goods August 22, 2016 13:45 to 15:20 CICG 23
Session Chair: Andreas Reischmann,
Session type: contributed
Disclosure of Belief-Dependent Preferences in a Trust Game
presented by: Giuseppe Attanasi, University of Strasbourg
Selling Money on EBay: A Field Test for Social Preferences
presented by: Alia Gizatulina, University of St. Gallen
Spillovers from gatekeeping - Peer effects in absenteeism
presented by: Harald Dale-Olsen, Institute for Social Research
Conditional Contribution Mechanisms for the Provision of Public Goods in Dynamic Settings - Theory and Experimental Evidence
presented by: Andreas Reischmann,
Session 23: ESEM Family Economics August 22, 2016 13:45 to 15:20 GI S9
Session Chair: S Anukriti, Boston College
Session type: contributed
Where did it go wrong? Marriage and divorce in Malawi
presented by: Selma Telalagic, University of Oxford
Labor Supply of Mothers: The Role of Time Discounting
presented by: Luke Haywood, DIW Berlin
Taxes, Welfare and the Resources Parents Allocate their Children
presented by: Marianne Bruins, Oxford University
On the Quantity and Quality of Girls: New Evidence on Abortion, Fertility, and Parental Investments
presented by: S Anukriti, Boston College
Session 24: ESEM Inference on Unit Roots and Co-Integration August 22, 2016 13:45 to 15:20 CICG 7
Session Chair: Giuseppe Cavaliere, University of Bologna
Session type: contributed
Simple, Robust and Accurate F and t Tests in Cointegrated Systems
presented by: Jungbin Hwang, University of California San Diego
Co-integration rank determination in partial systems using information criteria
presented by: Luca De Angelis, University of Bologna
Tests of the Co-integration Rank in VAR Models in the Presence of a Possible Break in Trend at an Unknown Point
presented by: Robert Taylor, University of Essex
Unit Root Inference for Non-Stationary Linear Processes driven by Infinite Variance Innovations
presented by: Giuseppe Cavaliere, University of Bologna
Session 25: ESEM Macroeconomic Theory I: Aggregate Implications of Borrowing Constraints August 22, 2016 13:45 to 15:20 GI S4
Session Chair: Jan Hendrik Gravert, University of Wuppertal
Session type: contributed
Debt-Ridden Borrowers and Productivity Slowdown
[slides]
presented by: Keiichiro Kobayashi, Keio University
Amplification of aggregate shocks when entrepreneurs face collateral constraints and idiosyncratic risk
presented by: Johannes Brumm, University of Zurich
Concave Consumption Function and Precautionary Wealth Accumulation
presented by: Richard M. H. Suen, University of Leicester
Estimating Labor-Supply Elasticities with Joint Borrowing Constraints of Couples
presented by: Jan Hendrik Gravert, University of Wuppertal
Session 26: ESEM Monetary Policy I August 22, 2016 13:45 to 15:20 CICG 2
Session Chair: Ambrogio Cesa-Bianchi, Bank of England
Session type: contributed
Monetary Policymakers’ Sentiment and Private Beliefs
presented by: Paul Hubert, OFCE - Sciences Po
Heterogeneity in Euro-Area Monetary Policy Transmission: Results from a Large Multi-Country BVAR Model
presented by: Martin Mandler, Deutsche Bundesbank
Global shocks, economic fluctuations and timeliness of monetary policy
presented by: Sepideh Zahiri, BI Norwegian Business School
Monetary Policy Transmission in an Open Economy: New Data and Evidence from the United Kingdom
[slides]
presented by: Ambrogio Cesa-Bianchi, Bank of England
Session 27: ESEM Oil and Commodity Markets August 22, 2016 13:45 to 15:20 CICG 6
Session Chair: Espen Henriksen, BI Norwegian Business School
Session type: contributed
Global Oil Prices and the Macroeconomy: the Role of Tradeable Manufacturing vs. Nontradeable Services
presented by: Makram Khalil, University of Vienna, Vienna Graduate School of Economics
How Flexible Is US Shale Oil? Evidence From North Dakota
presented by: Frode Martin Nordvik, BI Norwegian Business School
Oil Prices and the Dynamics of Output and Real Exchange Rate
presented by: Olayinka Oyekola, Cardiff University
Portfolio Choice and Non-Tradable Commodity Risk
presented by: Espen Henriksen, BI Norwegian Business School
Session 28: ESEM Political Economy I: Empirics August 22, 2016 13:45 to 15:20 CICG 11
Session Chair: Sophie Hatte, University of Lausanne
Session type: contributed
Voters' Response to Public Policies: Evidence from a Natural Experiment
presented by: Francesco Sobbrio, LUISS Guido Carli
Compulsory Voting and TV News Consumption: Evidence from Brazil.
presented by: Rafael Costa Lima, Federal University of Pernambuco
Separated under the same roof: the fiscal inefficiency of parties’ fragmentation and the mayor’s political power
presented by: Paolo Roberti, University of Bologna
Communication Strategies of Non-Governmental Organizations: Theory and Evidence
presented by: Sophie Hatte, University of Lausanne
Session 29: ESEM Rational Inattention August 22, 2016 13:45 to 15:20 CICG 9
Session Chair: Vasiliki Skreta, University College London
Session type: contributed
Games with Unrestricted Information Acquisition
presented by: Tommaso Denti, MIT
Bargaining with Rational Inattention
presented by: Doron Ravid, University of Chicago
Subjective Dynamic Information Constraints
presented by: David Dillenberger, University of Pennsylvania
Incentive-Driven Inattention
presented by: Vasiliki Skreta, University College London
Session 30: ESEM Strategic Communication I: Disclosure Games August 22, 2016 13:45 to 15:20 CICG 15
Session Chair: Francesco Giovannoni, University of Bristol
Session type: contributed
Equilibrium Selection in Persuasion Games with Binary Actions
presented by: Shintaro Miura, Kanagawa University
Competitive pricing and quality disclosure to cursed consumers
presented by: Alessandro Ispano, CREST
Seeking advice
presented by: Mehdi Ayouni, U Cergy-Pontoise
Communication and Language Barriers
presented by: Francesco Giovannoni, University of Bristol
Session 31: ESEM Strategic Experimentation August 22, 2016 13:45 to 15:20 CICG 18
Session Chair: Christoph Wolf, University of Mannheim
Session type: contributed
The Role of Heterogeneity in a model of Strategic Experimentation
presented by: Kaustav Das, University of Exeter Business School
Private Learning and Exit Decisions in Collaboration
presented by: Anne-Katrin Roesler, University of Michigan
Restless Strategic Experimentation
presented by: Daria Khromenkova, University of Mannheim
Informative Milestones in Experimentation
presented by: Christoph Wolf, University of Mannheim
Session 32: ESEM Topics in Applied Micro: Taxes August 22, 2016 13:45 to 15:20 GI S7
Session Chair: Gabriela Galassi,
Session type: contributed
Dynamic Responses to the Earned Income Tax Credit
presented by: Gizem Kosar, Federal Reserve Bank of New York
Bias in Estimating the Tax-Price Elasticity of Charitable Donations with Survey Data
presented by: Nicky Grant, University of Manchester
The German Mini-Job Reform: Intended and unintended consequences
presented by: Gabriela Galassi,
Session 33: EEA Consumption and Household Economics I August 22, 2016 15:50 to 17:00 GI S1
Session Chair: Peter Levell, Institute for Fiscal Studies
Session type: contributed
Home Ownership and Household Portfolio Choice
presented by: Remco Mocking, CPB Netherlands Bureau for Economic Policy Analysis
Wealth Effects on Consumption Across the Wealth Distribution: Empirical Evidence
presented by: Frédérique Savignac, Banque de France
How large are leverage effects?: investigating the link between consumption and leverage using two samples
presented by: Peter Levell, Institute for Fiscal Studies
Session 34: EEA Development Economics: Empirical Studies I August 22, 2016 15:50 to 17:00 GI S5
Session Chair: Casper Hansen, University of Copenhagen
Session type: contributed
Mining Matters: Natural Resource Extraction and Local Business Constraints
presented by: Steven Poelhekke, Vrije Universiteit Amsterdam
Making the 'Next Billion' Demand Access: The Local-Content Effect of google.co.za in Setswana
presented by: Bastiaan Quast, The Internet Society
Two Blades of Grass: The Impact of the Green Revolution
presented by: Casper Hansen, University of Copenhagen
Session 35: EEA Economic Theory: Search and Matching August 22, 2016 15:50 to 17:00 CICG 8
Session Chair: Anton Sobolev, University of Vienna
Session type: contributed
Robust Sequential Search
presented by: Karl Schlag, University of Vienna
Firm dynamics with frictional product and labor markets
presented by: Bihemo Kimasa, University of Konstanz
Information Exchange and Consumer Search
presented by: Anton Sobolev, University of Vienna
Session 36: EEA Empirical Finance I August 22, 2016 15:50 to 17:00 CICG 5
Session Chair: Nathan Foley-Fisher, Federal Reserve Board of Governors
Session type: contributed
Exposure to bankers: networks and stock market participation
presented by: Louis Raes, Tilburg University
Dissecting Short-Sale Performance: Evidence from Large Position Disclosures
presented by: Stephan Jank, Deutsche Bundesbank
Securities Lending as Wholesale Funding: Evidence from the US Life Insurance Industry
presented by: Nathan Foley-Fisher, Federal Reserve Board of Governors
Session 37: EEA Empirical Innovation Studies I August 22, 2016 15:50 to 17:00 CICG Espace Motta 1
Session Chair: Georgios Petropoulos, Bruegel and Toulouse School of Economics
Session type: contributed
The Causal Effect Of Including Standards-related Documentation Into Patent Prior Art: Evidence From A Recent EPO Policy Change
presented by: Federico Tamagni, Scuola Superiore Sant'Anna
Technology Polarization
presented by: Koki Oikawa, Waseda University
The Relationship Between Competition and Innovation: How Important are Firms Financial Constraints?
presented by: Georgios Petropoulos, Bruegel and Toulouse School of Economics
Session 38: EEA Environmental Economics and Growth August 22, 2016 15:50 to 17:00 GI S8
Session Chair: Hagen Schwerin, ETH Zurich
Session type: contributed
Temperature and Growth: A Panel Analysis of the United States
presented by: Bridget Hoffmann, Inter-American Development Bank
Economic Development and Resilience to Natural Catastrophes – Insurance Penetration and Institutions
presented by: Miriam Breckner, University of Munich
Long-Run Energy Use and the Efficiency Paradox
[slides]
presented by: Hagen Schwerin, ETH Zurich
Session 39: EEA Experimental and Behavioral Economics: Bounded Rationality I August 22, 2016 15:50 to 17:00 CICG 22
Session Chair: Jonas Nordström,
Session type: contributed
Emotional Judges and Unlucky Juveniles
presented by: Naci Mocan, LSU and NBER
Home Sweet Home: (Mis-)Beliefs About the Extent to Which Home Ownership Makes Happy
presented by: Reto Odermatt, University of Basel
Strategic Self-Ignorance Negates the Effect of Risk Information
presented by: Jonas Nordström,
Session 40: EEA Family Economics I August 22, 2016 15:50 to 17:00 GI S3
Session Chair: Selma Telalagic, University of Oxford
Session type: contributed
Household bargaining, spouses' consumption patterns and the design of commodity taxes
presented by: Kerstin Roeder, University of Augsburg
Kinship and Consumption: The Effect of Spouses' Outside Options on Household Productivity
presented by: Selma Telalagic, University of Oxford
Session 41: EEA Financial Crises I August 22, 2016 15:50 to 17:00 CICG 4
Session Chair: Borek Vasicek, European Commission
Session type: contributed
Identification of Extreme Capital Flows in Emerging Markets
presented by: Amrita Dhar, University of Houston
Learning from History: Volatility and Financial Crises
presented by: Ilknur Zer, Federal Reserve Board
Banking and currency crises: differential diagnostics for developed countries
presented by: Borek Vasicek, European Commission
Session 42: EEA Growth: Structural Changes and Reforms August 22, 2016 15:50 to 17:00 CICG Espace Motta 2
Session Chair: Kjetil Storesletten, University of Oslo
Session type: contributed
Eating Up Productivity: Social Insurance Barriers to Structural Change
presented by: Yu Zheng, City University of Hong Kong
Structural reforms for inclusive growth? Empirical evidence from the OECD
presented by: Peter McAdam, European Central Bank
Sovereign Debt and Structural Reforms
presented by: Kjetil Storesletten, University of Oslo
Session 43: EEA Health Economics I August 22, 2016 15:50 to 17:00 CICG 21
Session Chair: Venke Haaland, University of Stavanger
Session type: contributed
How Physicians Affect Their Patients' Employment Outcomes Through Deciding on Sick Leave Durations
[slides]
presented by: Alexander Ahammer, Johannes Kepler University Linz
The effect of job displacement on the onset of diabetes
presented by: Annette Bergemann, University of Bristol
Trapped in Treatment: The Effects of Waiting Time on Labor Market Attachment
presented by: Venke Haaland, University of Stavanger
Session 44: EEA Labour Supply I August 22, 2016 15:50 to 17:00 CICG Telecom
Session Chair: Rafael Lalive, University of Lausanne
Session type: contributed
Fertility and Labor Supply: New Evidence from the UK
presented by: Marion Leturcq, INED
The added worker effect of married women in Greece during the crisis
presented by: Nicholas Giannakopoulos, University of Patras
How to Delay Labor Market Exit and Pension Claiming? Financial Incentives with Defaults
presented by: Rafael Lalive, University of Lausanne
Session 45: EEA Migration I August 22, 2016 15:50 to 17:00 CICG 12
Session Chair: Gaia Narciso, Trinity College Dublin
Session type: contributed
Knowledge Remittances: How Emigration Increases Innovation in Source Countries
[slides]
presented by: Yvonne Giesing, University of Munich
Can Guest Workers Solve Japan's Fiscal Problems?
presented by: Selahattin Imrohoroglu, University of Southern California
International Import Competition and the Decision to Migrate: Evidence from Mexico
presented by: Gaia Narciso, Trinity College Dublin
Session 46: EEA Monetary Economics: Empirics I August 22, 2016 15:50 to 17:00 CICG 13
Session Chair: Bin Grace Li, International Monetary Fund
Session type: contributed
Fixed Wage Contracts and Monetary Non-Neutrality
presented by: Maria Björklund, Uppsala University
What drives Inflation Expectations?
presented by: Laura Moretti, Central Bank of Ireland
VAR meets DSGE: Uncovering the Monetary Transmission Mechanism in Low-Income Countries
presented by: Bin Grace Li, International Monetary Fund
Session 47: EEA Monetary Policy in a Liquidity Trap August 22, 2016 15:50 to 17:00 GI Auditoire B
Session Chair: Charles Brendon, University of Cambridge
Session type: contributed
Optimal Conventional Stabilization Policy in a Liquidity Trap When Wages and Prices are Sticky
presented by: Michal Horvath, University of York
Measuring the Effect of the Zero Lower Bound on Monetary Policy
presented by: Carlos Carvalho, PUC-Rio
Self-fulfilling Recessions at the Zero Lower Bound
presented by: Charles Brendon, University of Cambridge
Session 48: EEA Optimal Fiscal Policy August 22, 2016 15:50 to 17:00 CICG 16
Session Chair: Xavier Ragot, Paris School of Economics
Session type: contributed
Optimal Policy with Limited-Time Commitment
presented by: Alex Clymo, University of Amsterdam
Optimal Fiscal Policy in a Model with Uninsurable Idiosyncratic Shocks
presented by: Marcelo Zouain Pedroni, University of Amsterdam
Optimal policy with heterogeneous agents and aggregate shocks : An application to optimal public debt dynamics
presented by: Xavier Ragot, Paris School of Economics
Session 49: EEA Taxation and Labor Markets August 22, 2016 15:50 to 17:00 CICG 20
Session Chair: Cortnie Shupe, German Institute for Economic Research
Session type: contributed
Reduced VAT rates in service sectors increasing employment? Evidence from restaurant industry
presented by: Tuomas Kosonen, VATT, Government institute for economic research
Shifting the Burden of Corporate Taxes - Heterogeneity in Direct Wage Incidence
presented by: Nils aus dem Moore, RWI Essen, Berlin Office
Work Incentives in Europe
presented by: Cortnie Shupe, German Institute for Economic Research
Session 50: EEA Topics in Econometrics August 22, 2016 15:50 to 17:00 CICG 14
Session Chair: Laszlo Balazsi, Central European University
Session type: contributed
Tests for a Broken Trend with Stationary or Integrated Shocks
presented by: Emre Aylar, Lund University
Firm level investment spikes: evidence from the UK's Great Recession
presented by: Thomas Pope, Institute for Fiscal Studies
Modelling Multi-dimensional Panel Data: A Random Effects Approach
presented by: Laszlo Balazsi, Central European University
Session 51: EEA Topics in General Equilibrium Macroeconomics August 22, 2016 15:50 to 17:00 GI S6
Session Chair: Ramon Marimon, European University Institute and UPF - Barcelona GSE
Session type: contributed
Medical care within an OLG economy with realistic demography
presented by: Ivan Frankovic, Austrian Academy of Sciences
Exponential-Affine Approximations of Macro-Finance Models
presented by: Pierlauro Lopez, Banque de France
The Envelope Theorem, Euler and Bellman Equations, without Differentiability
presented by: Ramon Marimon, European University Institute and UPF - Barcelona GSE
Session 52: EEA Topics in International Trade I August 22, 2016 15:50 to 17:00 CICG 17
Session Chair: Philipp Meinen, Deutsche Bundesbank
Session type: contributed
How Migrant Workers Foster French Exports
presented by: Clément Nedoncelle, INRA
Impact of European Food Safety Border Inspections on Agri-Food Exports: Evidence from Chinese Firms
presented by: Matthias Beestermoeller, LMU Munich
International Trade and the Structure of Retail Markets: Evidence from Danish Micro Data
presented by: Philipp Meinen, Deutsche Bundesbank
Session 53: ESEM Bargaining: Theory and Experiments August 22, 2016 15:50 to 17:00 CICG 23
Session Chair: Chloe Tergiman, University Of British Columbia
Session type: contributed
Transparency and Delay in Bargaining
[slides]
presented by: Deepal Basak, NYU
Time Preferences and Bargaining
[slides]
presented by: Sebastian Schweighofer-Kodritsch, WZB Berlin Social Science Center and Humboldt-University Berlin
Transparency Versus Backroom Deals in Bargaining
presented by: Chloe Tergiman, University Of British Columbia
Session 54: ESEM Behavioural Economics II: Preference Evolution August 22, 2016 15:50 to 17:00 CICG 3
Session Chair: Kim-Sau Chung, Chinese University of Hong Kong
Session type: contributed
Anticipating preference reversals
presented by: Yves LE YAOUANQ, Toulouse School of Economics
How I Learn to Love Being Dynamically Inconsistent
presented by: Kim-Sau Chung, Chinese University of Hong Kong
Session 55: ESEM Dynamic Games August 22, 2016 15:50 to 17:00 CICG 18
Session Chair: Lucie Ménager, LEMMA
Session type: contributed
Optimal Delegation, Unawareness, and Financial Intermediation
presented by: Nicola Pavoni, Bocconi University, IGIER
Dynamics of Innovation: Cooperation and Retardation
presented by: Suvi Vasama, Humboldt-Universität zu Berlin
Information delays and cycles
presented by: Lucie Ménager, LEMMA
Session 56: ESEM GARCH Models August 22, 2016 15:50 to 17:00 CICG 19
Session Chair: Menelaos Karanasos, Brunel University
Session type: contributed
Combined Lagrange Multiplier Test for ARCH in Vector Autoregressive Models
presented by: Niklas Ahlgren, Hanken School of Economics
Asymptotic Normality of the QML Estimator in the EGARCH(1,1) Model
presented by: Dimitra Kyriakopoulou, Bank of Greece and University of Piraeus
Matrix Inequality Constraints for Vector Asymmetric Power HEAVY/GARCH/MEM Models and some New Mixture Formulations
presented by: Menelaos Karanasos, Brunel University
Session 57: ESEM Identification Challenges in Econometrics August 22, 2016 15:50 to 17:00 CICG 2
Session Chair: Joerg Stoye, Cornell University
Session type: contributed
Data-Driven Inference on Sign Restrictions in Bayesian Structural Vector Autoregression
presented by: Jani Luoto, University of Helsinki
Identification and estimation of non-Gaussian structural vector autoregressions
presented by: Mika Meitz, University of Helsinki
Confidence Intervals for Projections of Partially Identified Parameters
presented by: Joerg Stoye, Cornell University
Session 58: ESEM Information and Financial Markets: Empirics August 22, 2016 15:50 to 17:00 CICG 15
Session Chair: Tat-kei Lai, Copenhagen Business School
Session type: contributed
Informed Trading and Option Prices: Evidence from Activist Trading
presented by: Pierre Collin-Dufresne, Ecole Polytechnique Federale de Lausanne
FINANCIAL INFORMATION NETWORKS AND THE STOCK MARKET: EMPIRICAL SURVEY EVIDENCE
presented by: Hector F. CALVO PARDO, UNIVERSITY OF SOUTHAMPTON
Spillover Effects in Executive Compensation
presented by: Tat-kei Lai, Copenhagen Business School
Session 59: ESEM Macroeconomic Theory II August 22, 2016 15:50 to 17:00 GI S4
Session Chair: Alexis Anagnostopoulos, Stony Brook University
Session type: contributed
Endogenous Infrastructure Development and Spatial Takeoff
presented by: Alex Trew, University of St Andrews
Robust Dynamic Energy Use and Climate Change
presented by: Ted Temzelides, Rice University
Technology Capital and the Taxation of Multinational Corporations
presented by: Alexis Anagnostopoulos, Stony Brook University
Session 60: ESEM Methods in Applied Micro-Econometrics August 22, 2016 15:50 to 17:00 GI S7
Session Chair: Ruixuan Liu, Emory University
Session type: contributed
We Belong Together - A Cross-Smoothing Approach for Non-overlapping Group Mean Estimates
presented by: Phillip Heiler, University of Konstanz
Prejudice Matters in Elections?: An Estimator for Binary Outcomes with Sample-Selection
presented by: Jin-Young Choi, Goethe University Frankfurt
A Single-index Cox Model Driven by Levy Subordinators
presented by: Ruixuan Liu, Emory University
Session 61: ESEM Non-Parametrics and Semi-Parametrics August 22, 2016 15:50 to 17:00 GI S9
Session Chair: Andros Kourtellos, University of Cyprus
Session type: contributed
Robust Estimation with Exponentially Tilted Hellinger Distance
presented by: Prosper Dovonon, Concordia University
Semiparametric Estimation of Censored Spatial Autoregressive Models
presented by: Tadao Hoshino, Waseda University
Endogeneity in Semiparametric Threshold Regression
presented by: Andros Kourtellos, University of Cyprus
Session 62: ESEM Persistent Processes in Financial Econometrics August 22, 2016 15:50 to 17:00 CICG 7
Session Chair: Anne Opschoor, Vrije Universiteit Amsterdam
Session type: contributed
Subsampling with short- and long- memory linear processes of GARCH(1,1) noises
presented by: Chor-yiu (CY) SIN, National Tsing Hua University
Testing for Unit Roots in Panel Data with Boundary Crossing Counts
presented by: Peter Farkas, Central European University
Fractionally Integrated Multivariate Models for Fat-Tailed Realized Covariance Kernels and Returns
presented by: Anne Opschoor, Vrije Universiteit Amsterdam
Session 63: ESEM Political Economy II August 22, 2016 15:50 to 17:00 CICG 11
Session Chair: Georg Nöldeke, University of Basel
Session type: contributed
Political Corruption in the Execution of Public Contracts: a Principal-Agent Analysis
presented by: Olga Chiappinelli, DIW Berlin
Electoral Contests with Dynamic Campaign Contributions
presented by: Andrea Mattozzi, European University Institute
The Symmetric Equilibria of Symmetric Voter Participation Games with Complete Information
presented by: Georg Nöldeke, University of Basel
Session 64: ESEM Topics in Asset Prices and Finance I August 22, 2016 15:50 to 17:00 CICG 6
Session Chair: Eva-Maria Küchlin, University of Tuebingen
Session type: contributed
Constructing Price Indexes for Commercial Real Estate Using Cash Flow Data
presented by: Iqbal Syed, University of New South Wales
Recursive Preferences, Agent Heterogeneity and Wealth Dynamics
presented by: Ole Wilms, University of Zurich
Buy Global, Sell Local. Consumption heterogeneity, regional risk-sharing, and the cross-section of equity returns.
presented by: Stanislav Khrapov, New Economic School
Estimating the long-run risk asset pricing model with a two-step indirect inference approach
presented by: Eva-Maria Küchlin, University of Tuebingen
Session 65: ESEM Voting Rules and Assignment Problems August 22, 2016 15:50 to 17:00 CICG 9
Session Chair: Christian Basteck, TU Berlin
Session type: contributed
Efficiency and strategy-proofness in object assignment problems with multi-demand preferences∗
presented by: Shigehiro Serizawa, Osaka University
Strategy-Proofness and Efficiency for Tiered Objects Preferences
presented by: Yu Zhou, Osaka University
Scoring Rules and Implementation in Iteratively Undominated Strategies
presented by: Christian Basteck, TU Berlin
Session 66: Development, Distribution and Conflict August 22, 2016 17:15 to 18:30 CICG 1
Session Chair: Emmanuelle Auriol, Toulouse School of Economics, University of Toulouse 1 Capitole
Session type: plenary
Development, Distribution and Conflict
presented by: Debraj Ray, New York University
Session 67: Consumer Search August 23, 2016 8:30 to 9:45 CICG 1
Session Chair: Philippe Aghion, College de France and London School of Economics
Session type: plenary
Consumer Search
presented by: Mark Armstrong, University of Oxford
Session 68: ESEM Poster Session 1 August 23, 2016 9:45 to 17:00
Session type: poster
Inversion Copulas from Nonlinear State Space Models
presented by: Worapree Maneesoonthorn, University of Melbourne
Wage Mobility: A Functional Copula Approach
presented by: Costanza Naguib, Università della Svizzera italiana
Advertising, Innovation and Economic Growth
presented by: Pau Roldan, New York University
Arbitrage with Production, Collateral Constraint and Heterogeneous Belief
[slides]
presented by: Ally Quan Zhang, Swiss Finance Institute and University of Zurich
Optimal Capital Income Taxation in the Borrower-Saver Model
presented by: Sama Bombaywala, University of Manchester
Statistical properties of multiplicative GARCH models
presented by: Onno Kleen, Heidelberg University
Session 69: EEA Aggregate Fluctuations and Financial Frictions August 23, 2016 10:15 to 12:15 GI Auditoire A
Session Chair: Urban Jermann, University of Pennsylvania
Session type: invited
Bank Liabilities Channel
presented by: Vincenzo Quadrini, University of Southern California
Debt Covenants and Macroeconomic Dynamics
presented by: Francois Gourio, Federal Reserve Bank of Chicago
Sticky Leverage
presented by: Urban Jermann, University of Pennsylvania
Session 70: EEA Global Value Chains August 23, 2016 10:15 to 12:15 CICG 1
Session Chair: Kalina Manova, Stanford University
Session type: invited
Internalizing Global Value Chains: A Firm-Level Analysis
presented by: Laura Alfaro, Harvard Business School
Production Networks, Geography and Firm Performance
presented by: Andreas Moxnes, University of Oslo
Growing like China: Firm Performance and Global Production Line Position
presented by: Kalina Manova, Stanford University
Commentary: The GVC Revolution in Research and Policy
presented by: Richard Baldwin, International Economics at the Graduate Institute, Geneva)
Session 71: EEA Investor Psychology and Financial Markets August 23, 2016 10:15 to 12:15 GI Auditoire B
Session Chair: Nicola Gennaioli, Bocconi University, Milan
Session type: invited
Diagnostic Expectations and Credit Cycles
presented by: Nicola Gennaioli, Bocconi University, Milan
Survey Expectations of Returns and Asset Pricing Puzzles
presented by: Ralph Koijen, London Business School
Cursed Financial Innovation
presented by: Peter Kondor, Central European University
Session 72: EEA Market Institutions and Social Behavior August 23, 2016 10:15 to 12:15 CICG 4
Session Chair: Bjoern Bartling, University of Zurich
Session type: invited
Social Responsibility and Norms in Markets: Experimental Evidence
presented by: Bjoern Bartling, University of Zurich
An Offer You Can't Refuse? Incentives Change How We Think
presented by: Sandro Ambühl, Stanford University
The Acceptance of Inequality in Markets: Evidence from the US and Scandinavia
presented by: Alexander Cappelen, NHH Bergen
Session 73: ES Advances in Econometrics August 23, 2016 10:15 to 12:15 CICG 3
Session Chair: Enrique Sentana, CEMFI
Session type: invited
Improved tests for Robust Forecast Comparison
presented by: Valentina Corradi, University of Surrey
Instrumental Variable Estimation by Iterative Projections
presented by: Serena Ng, Columbia University
Session 74: ES Bounded Rationality and Behavioural Economics August 23, 2016 10:15 to 12:15 CICG 2
Session Chair: Joel Sobel, University of California San Diego
Session type: invited
Unrealistic Expectations and Misguided Learning
presented by: Botond Koszegi, Central European University
Dual Random Utility Maximisation
presented by: Paola Manzini, University of St Andrews
Session 75: Completing Europe’s Economic and Monetary Union August 23, 2016 12:30 to 13:30 CICG 2
Session Chair: Frank Smets, European Central Bank
Session type: invited
Discussants:      1 Benoît Cœuré, European Central Bank      2 Philipp Lane, Central Bank of Ireland      3 Guido Tabellini, Bocconi University, Milan
Session 76: EEA Banking Theory I August 23, 2016 13:45 to 15:20 CICG Espace Motta 1
Session Chair: Toni Ahnert, Bank of Canada
Session type: contributed
How does macroprudential regulation change bank credit supply?
presented by: Alexandros Vardoulakis, Board of Governors of the Federal Reserve System
Systemic Loops and Liquidity Regulation
presented by: Iñaki Aldasoro, Goethe University Frankfurt
Re-use of Collateral: Volatility and Welfare
presented by: Michael Grill, European Central Bank
Asset Encumbrance, Bank Funding, and Covered Bonds
presented by: Toni Ahnert, Bank of Canada
Session 77: EEA Behavioral and Experimental Economics: Organization and Incentives August 23, 2016 13:45 to 15:20 CICG Espace Motta 2
Session Chair: Rosario Macera, Pontificia Universidad Catolica de Chile
Session type: contributed
Communication versus (restricted) delegation: An experimental comparison
presented by: Silvia Dominguez Martinez, University of Amsterdam
The unrealized value of centralization for coordination
presented by: Eva Ranehill, University of Zürich
Piece rate vs. team rewards in interdependent tasks: Evidence from a real-effort experiment
presented by: Julien Senn, University of Zurich
Pay for Present Performance: Today or Tomorrow? On the Optimality of Fixed Wages with Moral Hazard
presented by: Rosario Macera, Pontificia Universidad Catolica de Chile
Session 78: EEA Climate Change August 23, 2016 13:45 to 15:20 CICG 5
Session Chair: Gaetan Giraudet,
Session type: contributed
The intricacy of adapting to climate change: Flood protection as a local public goods game
presented by: Anton Bondarev, Universität Basel
Global warming as an asymmetric public bad
presented by: Gaetan Giraudet,
Session 79: EEA Cross-Border Banking I August 23, 2016 13:45 to 15:20 CICG Telecom
Session Chair: fatih altunok, Central Bank of Turkey
Session type: contributed
Drivers of global liquidity and global bank flows: A view from the euro area
presented by: Mary Everett, Central Bank of Ireland
Quantitative Easing and Cross-Border Bank Credit Supply
presented by: Wei Li, Erasmus University Rotterdam
Monetary policy spillovers and currency networks in cross-border bank lending
presented by: Elod Takats, Bank for International Settlements
The Effect of US Unconventional Monetary Policy on Cross-Border Bank Loans: Evidence from an Emerging Market
presented by: Steven Ongena, University of Zurich
Session 80: EEA Economic History I August 23, 2016 13:45 to 15:20 CICG 12
Session Chair: Guilherme de Oliveira,
Session type: contributed
The Economic Consequences of the Spanish Reconquest: The Long-term Effects of Medieval Conquest and Colonization
presented by: Daniel Oto-Peralias, University of St Andrews
the Great Famine and Savings Rate in China
presented by: Maëlys de La Rupelle, University of Cergy-Pontoise
Farewell to Confucianism: The Modernizing Effect of Dismantling China's Imperial Examination System
presented by: Ying Bai, The Chinese University of Hong Kong
Turnover or Cash? Sharecropping in the US South.
presented by: Guilherme de Oliveira,
Session 81: EEA Education Economics II August 23, 2016 13:45 to 15:20 GI S8
Session Chair: Zelda Brutti, European University Institute
Session type: contributed
How do universities differentiate themselves?
presented by: Mike Peacey, University of Bristol
University-Industry Knowledge Transfer: The Role of Tertiary Vocational Education in Fostering Regional Innovation
presented by: Curdin Pfister, University of Zurich
Does education improve financial outcomes? Quasi-experimental evidence from Britain
presented by: Daniel Gray, University of Sheffield
Cities Drifting Apart: Heterogeneous Outcomes of Decentralizing Public Education
presented by: Zelda Brutti, European University Institute
Session 82: EEA Empirical Industrial Organization I August 23, 2016 13:45 to 15:20 GI S1
Session Chair: Sofronis Clerides, University of Cyprus
Session type: contributed
Market Response to Firm-Specific Shocks: The Boycott of Danish Dairy Products
presented by: Sofronis Clerides, University of Cyprus
Building an Online Reputation with Free Content: Evidence from the E-book Market
presented by: Dainis Zegners, LMU Munich
Free Entry and Social Inefficiency in Vertical Relationships: The Case of the MRI Market
presented by: Naoki Wakamori, University of Tokyo
Mergers and Cost Efficiency in the Electricity Distribution Industry
presented by: Mario Samano, HEC Montreal
Session 83: EEA Field Experiments in Development Economics: Behavioral Aspects August 23, 2016 13:45 to 15:20 GI S5
Session Chair: Friederike Lenel, DIW Berlin; Leibniz University Hannover; Humboldt University Berlin
Session type: contributed
Increasing Trust in the Bank to Enhance Savings: Experimental Evidence from India
presented by: Rahul Mehrotra, Graduate Institute, Geneva
Social Learning in Experimental Games: Evidence from Rwanda
presented by: Alexander Coutts, Universidade Nova de Lisboa
Insurance and Solidarity
presented by: Friederike Lenel, DIW Berlin; Leibniz University Hannover; Humboldt University Berlin
Session 84: EEA Fiscal Policy at the Zero Lower Bound August 23, 2016 13:45 to 15:20 CICG 16
Session Chair: Jordan Roulleau-Pasdeloup, HEC Lausanne
Session type: contributed
Government Spending and Consumption at the Zero Lower Bound: Evidence from Household Retail Purchase Data
presented by: Marios Karabarbounis, Federal Reserve Bank of Richmond
Fiscal policy, interest rate spreads, and the zero lower bound
presented by: Christian Bredemeier, University of Cologne
The Optimal Composition of Public Spending in a Deep Recession
presented by: Hafedh Bouakez, HEC Montreal
The Government Spending Multiplier in a (Mis-)Managed Liquidity Trap
presented by: Jordan Roulleau-Pasdeloup, HEC Lausanne
Session 85: EEA Health Economics II August 23, 2016 13:45 to 15:20 CICG 21
Session Chair: Tuba Tuncel, Toulouse School of Economics
Session type: contributed
Information and Disease Prevention: Tuberculosis Dispensaries
presented by: Peter Jensen, University of Southern Denmark
The Effects of Fluoride In The Drinking Water
[slides]
presented by: Mattias Öhman, Uppsala University
The impact of technology diffusion - Evidence from heart attack treatment
presented by: Corinna Hentschker, RWI Essen
Should Off-Label Drug Prescriptions Be Prevented? Empirical Evidence from France
presented by: Tuba Tuncel, Toulouse School of Economics
Session 86: EEA Housing August 23, 2016 13:45 to 15:20 CICG 22
Session Chair: Andreas Fuster, Federal Reserve Bank of New York
Session type: contributed
Strategic Housing Policy, Migration and Sorting around Population Thresholds
presented by: Kristof De Witte, KU Leuven
History Dependence in the Housing Market: Facts and Explanations
presented by: Philippe Bracke, Bank of England
Borrowing Constraints and Homeownership
presented by: Kristian Blickle, University of St. Gallen
Home Price Expectations and Behavior: Evidence from a Randomized Information Experiment
presented by: Andreas Fuster, Federal Reserve Bank of New York
Session 87: EEA Information and Macroeconomics I August 23, 2016 13:45 to 15:20 CICG 20
Session Chair: Gaetano Gaballo, Banque de France
Session type: contributed
A New Look at Uncertainty Shocks: Imperfect Information and Misallocation
presented by: Tatsuro Senga, Queen Mary University of London
Stable Sunspot Equilibria with Private Information
presented by: Ryuichi Nakagawa, KANSAI UNIVERSITY
Learning from Prices: Amplification and Sentiments
presented by: Gaetano Gaballo, Banque de France
Session 88: EEA International Finance I August 23, 2016 13:45 to 15:20 GI Auditoire B
Session Chair: Pablo Winant, Bank of England
Session type: contributed
Solving DSGE Portfolio Choice Models with Asymmetric Countries
presented by: Grzegorz Długoszek, Humboldt-Universität zu Berlin
Nominal exchange rates and net foreign assets' dynamics: the stabilization role of valuation effects
presented by: Sara Eugeni, Durham University
Sovereign risk and the international balance sheet: lessons from the European crisis
presented by: Benedetta Bianchi, Trinity College Dublin
Managing Capital Outflows: The Role of Foreign Exchange Intervention
presented by: Pablo Winant, Bank of England
Session 89: EEA Labour Supply II August 23, 2016 13:45 to 15:20 CICG 14
Session Chair: Eduard Bruell, University of Heidelberg
Session type: contributed
Automatic Stabilization and Labor Supply
presented by: Christian Wittneben, ZEW Mannheim
Time to Consume, Consumption Quality, and Hours Worked
presented by: Francisco Alcala, Universidad de Murcia
Overtime premium and hours of work: Lessons from the mandatory increase in the overtime premium
presented by: Yukiko Asai, University of Tokyo
A Novel Approach to Estimate Labor Supply Elasticities: Combining Data from Actual and Hypothetical Choices
presented by: Eduard Bruell, University of Heidelberg
Session 90: EEA Macroeconomics of Labor Markets I August 23, 2016 13:45 to 15:20 GI S6
Session Chair: Giuseppe Fiori, North Carolina State University
Session type: contributed
Investment in Photovoltaics and Job Creation: Evidence from a Billion Dollar Program
presented by: Matthias Wilhelm, University of Munich
The Rise of Part-time Employment
presented by: Etienne Lalé, University of Bristol and IZA
Impact of Volunteering on Cognitive Decline of the Elderly
presented by: Sumedha Gupta, Indiana University
Aging of the Baby Boomers: Demographics and Propagation of Tax Shocks
presented by: Giuseppe Fiori, North Carolina State University
Session 91: EEA Monetary Economics: Empirics II August 23, 2016 13:45 to 15:20 CICG 4
Session Chair: Michael Weber, University of Chicago
Session type: contributed
Monetary Facts Revisited
presented by: Pavel Gertler, National Bank of Slovakia
Is Deflation Costly After All? Evidence from Noisy Historical Data
presented by: Daniel Kaufmann, ETH Zurich
The existence and persistence of liquidity effects: evidence from a large-scale historical natural experiment
presented by: Nuno Palma, European University Institute and University of Groningen
Monetary Policy Through Production Networks: Evidence from the Stock Market
presented by: Michael Weber, University of Chicago
Session 92: EEA Political Economy August 23, 2016 13:45 to 15:20 CICG 13
Session Chair: Klaas Staal, Karlstad University
Session type: contributed
Too-Big-To-Fail in Federations
presented by: Klaas Staal, Karlstad University
Globalization and Its (Dis-)Content: Trade Shocks and Voting Behavior
presented by: Robert Gold, IfW -- Kiel Institute for the World Economy
Social Image Concerns and the Political Economy of Public Provision of Private Goods
presented by: Tobias Koenig, Humboldt-University Berlin/WZB
Opinion Dynamics via Search Engines
[slides]
presented by: Fabrizio Germano, Universitat Pompeu Fabra
Session 93: EEA Trade and FDI Dynamics August 23, 2016 13:45 to 15:20 GI S3
Session Chair: Anna Gumpert, University of Munich
Session type: contributed
Learning, prices, and firm dynamics
presented by: Daniel Dias, Board of Governors of the Federal Reserv
Multiproduct Exporters: Learning vs. Knowing
presented by: Lena Sheveleva, Penn State University, Cardiff Business School
Multinational firms and export dynamics
presented by: Anna Gumpert, University of Munich
Session 94: EEA Unemployment I August 23, 2016 13:45 to 15:20 CICG 17
Session Chair: Patrick Arni, IZA - Institute for the Study of Labor, Bonn
Session type: contributed
Stepping stone effect of atypical jobs: Could the least employable reap the most benefits?
presented by: Nicolas Lepage-Saucier, ENSAI
INTRA-HOUSEHOLD COMMUTING CHOICES AND LOCAL LABOUR MARKETS
presented by: Karl Taylor, University of Sheffield
Underemployment Intensity, its Cost, and their Consequences on the Value of Time.
presented by: Anil Alpman, Université Paris 1, Paris School of Economics
Strengthening Enforcement in Unemployment Insurance: A Natural Experiment
presented by: Patrick Arni, IZA - Institute for the Study of Labor, Bonn
Session 95: ESEM Advances in Treatment Effect Evaluation August 23, 2016 13:45 to 15:20 CICG 3
Session Chair: Xavier D'Haultfoeuille, CREST
Session type: contributed
Approximate Permutation Tests and Induced Order Statistics in the Regression Discontinuity Design
presented by: Ivan Canay, Northwestern University
Endogeneity and non-response bias in treatment evaluation - nonparametric identification of causal effects by instruments
presented by: Martin Huber, University of Fribourg
Robust Post-Matching Inference
presented by: Jann Spiess, Harvard University
Fuzzy Differences-in-Differences
presented by: Xavier D'Haultfoeuille, CREST
Session 96: ESEM Auction Theory I: Auctions and Markets August 23, 2016 13:45 to 15:20 CICG 6
Session Chair: Fabian Herweg, U Bayreuth
Session type: contributed
Sequential Auctions with Generalized Interdependent Values
presented by: Audrey Hu, University of Amsterdam/Tinbergen Institute
On the benefits of set-asides
presented by: Laurent Lamy, Paris School of Economics (PSE)
Revenues and Welfare in Auctions with Information Release
presented by: Nora Szech, Karlsruhe Institute of Technology
Optimal Cost Overruns: Procurement Auctions with Renegotiation
presented by: Fabian Herweg, U Bayreuth
Session 97: ESEM Bayesian Forecasting and Evaluation August 23, 2016 13:45 to 15:20 CICG 23
Session Chair: Francesco Ravazzolo, Free University of Bozen/Bolzano
Session type: contributed
The impact of parameter and model uncertainty on market risk predictions from GARCH-type models
presented by: Jeremy Kolly, University of Fribourg
Combining Density Forecasts under various Scoring Rules: An Analysis of UK Inflation
presented by: Fabian Krüger, Heidelberg Institute for Theoretical Studies
Forecasting With High Dimensional Panel VARs
presented by: Gary Koop, University of Strathclyde
Forecaster's Dilemma: Extreme Events and Forecast Evaluation
presented by: Francesco Ravazzolo, Free University of Bozen/Bolzano
Session 98: ESEM Computational Economics August 23, 2016 13:45 to 15:20 GI 2
Session Chair: Elisabeth Pröhl, Univ. of Geneva, Swiss Finance Institute
Session type: contributed
On the Initialization of Adaptive Learning in Macroeconomic Models
presented by: Jaqueson Galimberti, ETH Zurich
Existence, uniqueness and computation of solutions to dynamic models with occasionally binding constraints.
[slides]
presented by: Tom Holden, University of Surrey
Taylor Projection: A New Solution Method For Dynamic General Equilibrium Models
presented by: Oren Levintal, Interdisciplinary Center Herzliya (IDC)
Computing the Cross-Sectional Distribution to Approximate Stationary Markov Equilibria with Heterogeneous Agents and Incomplete Markets
presented by: Elisabeth Pröhl, Univ. of Geneva, Swiss Finance Institute
Session 99: ESEM Copulas in Financial Econometrics August 23, 2016 13:45 to 15:20 CICG 11
Session Chair: Stanislav Anatolyev, New Economic School
Session type: contributed
Global Currency Hedging with Dynamic Copulas
presented by: Sander Barendse, Erasmus University Rotterdam
Multivariate Return Decomposition: Theory and Implications
presented by: Stanislav Anatolyev, New Economic School
Session 100: ESEM DSGE Models August 23, 2016 13:45 to 15:20 CICG 7
Session Chair: Paolo Bonomolo, Sveriges Riksbank
Session type: contributed
Innovation and Reallocation
presented by: Junghoon Lee, Emory University
The sources of aggregate persistence in an estimated DSGE model with real-time learning
presented by: Jesús Vázquez, Universidad del País Vasco (UPV/EHU)
The New Keynesian Model and the Small Open Economy RBC Model: Equivalence Results for Consumption
presented by: Donghoon Yoo, University of Lausanne
Rational Sunspots
presented by: Paolo Bonomolo, Sveriges Riksbank
Session 101: ESEM Econometric Challenges at the Zero-Lower Bound August 23, 2016 13:45 to 15:20 CICG 2
Session Chair: Sylvia Kaufmann, Study Center Gerzensee
Session type: contributed
Affine Term Structure Modeling and Macroeconomic Risks at the Zero Lower Bound
presented by: Guillaume Roussellet, NYU Stern School of Business
Demographics and Real Interest Rates: Inspecting the Mechanism
presented by: Carlos Carvalho, PUC-Rio
The yield curve in normal times and at the lower bound
presented by: Oreste Tristani, ECB
Chaning dynamics at the zero lower bound
presented by: Sylvia Kaufmann, Study Center Gerzensee
Session 102: ESEM Finance I: MacroFinance Theory August 23, 2016 13:45 to 15:20 GI S4
Session Chair: Levent Altinoglu, Boston University
Session type: contributed
Why Are Exchange Rates So Smooth? A Segmented Asset Markets Explanation
presented by: YiLi Chien, Federal Reserve Bank of St. Louis
Asset Quality Dynamics
presented by: Erwan Quintin, University of Wisconsin Madison
Self-enforcing Debt, Reputation, and the Role of Interest Rates
[slides]
presented by: V. Filipe Martins-da-Rocha, FGV
The Origins of Aggregate Fluctuations in a Credit Network Economy
[slides]
presented by: Levent Altinoglu, Boston University
Session 103: ESEM Game Theory I August 23, 2016 13:45 to 15:20 CICG 9
Session Chair: Hitoshi Matsushima, University of Tokyo
Session type: contributed
Robustness of Subgame Perfect Implementation
presented by: Nora Wegner, Bank of England
Reformulation of Nash Equilibrium with an Application to Interchangeability
presented by: Yosuke Yasuda, Osaka U
Non-cooperative games with prospect theory players and dominated strategies
[slides]
presented by: Lars Metzger, TU Dortmund University
Accuracy and Retaliation in Repeated Games with Imperfect Private Monitoring: Experiments and Theory
presented by: Hitoshi Matsushima, University of Tokyo
Session 104: ESEM Industrial Organization: Incentives and Innovation August 23, 2016 13:45 to 15:20 GI S7
Session Chair: Zhu Wang, Federal Reserve Bank of Richmond
Session type: contributed
Do Tax Incentives for Research Increase Firm Innovation? An RD Design for R&D
presented by: Elias Einiö, VATT Institute for Economic Research ; Centre for Economics Performance,LSE
Strategic Incentives for Innovations and Market Competition
presented by: Konstantinos Serfes, Drexel U
Lost in Transaction: Individual-Level Welfare Loss in Quickly-Circulating Durable Goods Markets with Planned Temporary Ownership
presented by: Hisayuki Yoshimoto, University of Glasgow
Innovation, Deregulation, and the Life Cycle of a Financial Service Industry
presented by: Zhu Wang, Federal Reserve Bank of Richmond
Session 105: ESEM Information Aggregation in Markets August 23, 2016 13:45 to 15:20 CICG 15
Session Chair: Andrea Canidio, INSEAD
Session type: contributed
Selling Information to Competitive Firms
presented by: Marco Pagnozzi, Universita' di Napoli Federico II
Information Aggregation in a Competitive Economy
presented by: Rohit Rahi, London School of Economics
Efficiency in Decentralized Markets with Aggregate Uncertainty
presented by: Braz Camargo, Sao Paulo School of Economics - FGV
Vertical Competition and Collusion in Information Acquisition
presented by: Andrea Canidio, INSEAD
Session 106: ESEM Mechanism Design I August 23, 2016 13:45 to 15:20 CICG 18
Session Chair: Vasiliki Skreta, University College London
Session type: contributed
Identify Experts to Identify Experts to Identify ...
presented by: Kim-Sau Chung, Chinese University of Hong Kong
Optimal voting mechanisms with costly participation and abstention
presented by: Thomas Troeger, University of Mannheim
Selling with Evidence
presented by: Vasiliki Skreta, University College London
Session 107: ESEM Social learning and Information Aggregation August 23, 2016 13:45 to 15:20 CICG 19
Session Chair: Christoph March, Technical University of Munich
Session type: contributed
The Nature of Social Learning: Experimental Evidence
presented by: Stefan Penczynski, University of Mannheim
Lone Wolf or Herd Animal? An Experiment on Choice of Information and Social Learning
presented by: Tatiana Kornienko, University of Edinburgh
Expert Information and Majority Decisions
presented by: Kohei Kawamura, University of Edinburgh
Even Experts Follow Large Herds: Naïve Herding in the Laboratory
presented by: Christoph March, Technical University of Munich
Session 108: ESEM Topics in Econometric Theory: Discrete Choice Models August 23, 2016 13:45 to 15:20 GI S9
Session Chair: Jaap Abbring, Tilburg University
Session type: contributed
Divide and Conquer: Recursive Likelihood Function Integration for Dynamic Discrete Choice Models with Serially Correlated Unobserved State Variables
presented by: Gregor Reich, University of Zurich
An anatomy of industry merger waves
presented by: Carlo Chiarella, Colegio Universitario de Estudios Financieros
Generalized entropy models
presented by: Mogens Fosgerau, Technical University of Denmark
Identifying the Discount Factor in Dynamic Discrete Choice Models
presented by: Jaap Abbring, Tilburg University
Session 109: EEA Behavioral and Experimental Economics: Bounded Rationality II August 23, 2016 15:50 to 17:00 CICG 21
Session Chair: Agnieszka Tymula, University of Sydney
Session type: contributed
Are contingent choices consistent?
presented by: Priyodorshi Banerjee, Indian Statistical Institute
A Model of Reference-Dependent Belief Choice
presented by: Johannes Maier, University of Munich
Expected Subjective Value Theory (ESVT): A Representation of Decision Under Risk and Certainty
presented by: Agnieszka Tymula, University of Sydney
Session 110: EEA Consumption and Household Economics II August 23, 2016 15:50 to 17:00 CICG 20
Session Chair: Mariacristina De Nardi, UCL, Federal Reserve Bank of Chicago, NB
Session type: contributed
Consumption response to positive and negative income changes
presented by: Kate Reinold, Bank of England
How Do Consumers Respond To Transitory Income Shocks? Reconciling Longitudinal Studies and Natural Experiments
presented by: Jeanne Commault, Ecole Polytechnique
The Implications of Richer Earnings Dynamics for Consumption, Wealth, and Welfare
presented by: Mariacristina De Nardi, UCL, Federal Reserve Bank of Chicago, NB
Session 111: EEA Development Economics: Poverty August 23, 2016 15:50 to 17:00 CICG 22
Session Chair: Timothée Demont, Aix-Marseille University
Session type: contributed
Gray Zones:On the Causes of Slum Formation
presented by: Marcelo dos Santos, Insper
Faith, Hope and Christian Charity? How Religion Explains Giving that Impure Altruism and Warm Glow Do Not.
presented by: Clive Fraser, University of Leicester
Investing in Boys and Girls: Schooling Decisions of Long-Run Microfinance Participants in Rural India
presented by: Timothée Demont, Aix-Marseille University
Session 112: EEA Empirical Banking I August 23, 2016 15:50 to 17:00 CICG Espace Motta 1
Session Chair: Narly Dwarkasing, University of Bonn
Session type: contributed
The Impact of Merger Legislation on Bank Mergers
presented by: Jan-Peter Siedlarek, Federal Reserve Bank of Cleveland
Bank Loyalty, Social Network and Crisis
presented by: Sümeyra Atmaca, Ghent University
Nothing Special about Banks: Competition and Bank Lending in Britain, 1885-1925
presented by: Narly Dwarkasing, University of Bonn
Session 113: EEA Family Economics II August 23, 2016 15:50 to 17:00 CICG Espace Motta 2
Session Chair: Bastien Chabé-Ferret, Université catholique de Louvain
Session type: contributed
Markovian Households
presented by: Joost Roettger, University of Cologne
Cohabitation versus marriage: Marriage matching with peer effects
presented by: Ismael Mourifie, University of Toronto
The Impact of Economic Uncertainty on Fertility Cycles: The Case of the Post WWII Baby Boom
presented by: Bastien Chabé-Ferret, Université catholique de Louvain
Session 114: EEA Financial Econometrics August 23, 2016 15:50 to 17:00 CICG 14
Session Chair: Jürgen Antony, Pforzheim University
Session type: contributed
Measuring interconnectedness between financial institutions with Bayesian time-varying vector autoregressions
presented by: Marco Valerio Geraci, Université libre de Bruxelles
Volatility filtering in estimation of kurtosis (and variance)
presented by: Stanislav Anatolyev, New Economic School
An EM-Algorithm for Maximum Likelihood Estimation of Vector Autoregressions with Mixed Frequency Data
[slides]
presented by: Jürgen Antony, Pforzheim University
Session 115: EEA Fiscal Policy I August 23, 2016 15:50 to 17:00 CICG Telecom
Session Chair: Yanos Zylberberg, University of Bristol
Session type: contributed
Why Fiscal Regimes Matter for Fiscal Sustainability Analysis: An Application to France
presented by: Pierre Aldama, Paris School of Economics
Debt sustainability with fiscal fatigue: Analytics
presented by: Demosthenes Tambakis, University of Cambridge
Fiscal capacity and pro-cyclical fiscal policy
presented by: Yanos Zylberberg, University of Bristol
Session 116: EEA Income Distribution and Inequality I August 23, 2016 15:50 to 17:00 GI S1
Session Chair: Nathalie Chusseau, LEM, University of Lille
Session type: contributed
Inequality in an Equal Society: \\ Theory and Evidence
presented by: Jochen Mierau, University of Groningen
An integrated approach for top-corrected Ginis
presented by: Maria Metzing, German Institute for Economic Research
Income Distribution, Globalization and Social Segmentation
[slides]
presented by: Nathalie Chusseau, LEM, University of Lille
Session 117: EEA Information and Monetary Policy August 23, 2016 15:50 to 17:00 CICG 16
Session Chair: Isabella Blengini, Ecole hôtelière de Lausanne
Session type: contributed
HAS THE RELEASE OF MONETARY DATA HELPED MARKETS TO PREDICT THE MONETARY POLICY DECISIONS OF THE EUROPEAN CENTRAL BANK?
presented by: Alexander Jung, European Central Bank
More than Words: Markets’ Expectations and ECB’s Talking about Future
presented by: Maddalena Galardo, Banca d'Italia and Luiss Guido Carli
Optimal Monetary Policy when Information is Market-Generated
presented by: Isabella Blengini, Ecole hôtelière de Lausanne
Session 118: EEA International Capital Flows August 23, 2016 15:50 to 17:00 GI Auditoire B
Session Chair: Andreas Steiner, ifo Institute
Session type: contributed
Financial Deregulation and Capital Flows
presented by: Marta Paczos, University of Bologna
Measuring De Facto Financial Openness: A New Index
presented by: Andreas Steiner, ifo Institute
Session 119: EEA International Spillovers of Macro-Prudential Policies and Regulation - ECB Sponsored Session August 23, 2016 15:50 to 17:00 CICG 4
Session Chair: Fiorella De Fiore, European Central Bank
Session type: contributed
The transmission of real estate shocks through multinational banks
presented by: Ata Can Bertay, World Bank
Competition among regulators and the efficiency of banking regulation
presented by: Hubert Kempf, ENS de Cachan
Macroprudential Policy Coordination in the Euro Area: The case of Spain
presented by: Margarita Rubio, University of Nottingham
Session 120: EEA Labor Economics: Program Evaluation II August 23, 2016 15:50 to 17:00 CICG 5
Session Chair: Bernhard Boockmann, IAW
Session type: contributed
Starting on the right track: Experimental evidence from a large-scale apprenticeship program
presented by: Lucila Berniell, CAF
Back to work: The Long-term Effects of Voactional Training for Female Job Returners
presented by: Annabelle Doerr, University of Basel
Mentoring disadvantaged youths during school-to-work transition: evidence from Germany
presented by: Bernhard Boockmann, IAW
Session 121: EEA Macroeconomics at the Zero Lower Bound August 23, 2016 15:50 to 17:00 GI S5
Session Chair: Yannick Kalantzis, Banque de France
Session type: contributed
Step Away From The Zero Lower Bound: Policy Options for Small Open Economies in a World of Secular Stagnation
presented by: Eleonora Mavroeidi, Bank of England
Secular Stagnation: Theory and Remedies
presented by: Jean-Baptiste Michau, Ecole Polytechnique, France
When Money Crowds out Capital: Stagnation in a Liquidity Trap
presented by: Yannick Kalantzis, Banque de France
Session 122: EEA Migration II August 23, 2016 15:50 to 17:00 GI S8
Session Chair: Jin Zhou, university of western ontario
Session type: contributed
Nation-Building Through Compulsory Schooling During the Age of Mass Migration
presented by: Martina Viarengo, The Graduate Institute, Geneva and Harva
Trust and Internal Migration
presented by: Ara Jo, London School of Economics
Internal Migration with Social Networks in China
presented by: Jin Zhou, university of western ontario
Session 123: EEA Political Economics: Institutions I August 23, 2016 15:50 to 17:00 GI S6
Session Chair: Laure Athias, University of Lausanne
Session type: contributed
Candid Lame Ducks
presented by: Mariana Lopes da Fonseca, Max Planck Institute for Tax Law and Public Finance
Internet Trolls and the Incentives of Authoritarian Regimes to Manipulate Information
presented by: Jakub Redlicki, University of Oxford
Does Culture Matter for Public Service Delivery and Why?
presented by: Laure Athias, University of Lausanne
Session 124: EEA Term Structure of Interest Rates August 23, 2016 15:50 to 17:00 GI S3
Session Chair: Howard Kung, London Business School
Session type: contributed
Overseas unspanned factors and domestic bond returns
presented by: Marek Raczko, Bank of England
Economic Policy Uncertainty and the Yield Curve
[slides]
presented by: Felix Matthys, ITAM
Government maturity structure twists
presented by: Howard Kung, London Business School
Session 125: EEA The Effect of Tariffs and Non-Tariff-Barriers August 23, 2016 15:50 to 17:00 CICG 13
Session Chair: Olga Solleder, International Trade Centre
Session type: contributed
Do free trade agreements affect tariffs of non-member countries? A theoretical and empirical investigation
presented by: Andrey Stoyanov, York University
Heterogeneous Effects of Tariff and Nontariff Policy Barriers in General Equilibrium
presented by: Katharina Erhardt, ETH Zurich
How do non-tariff measures affect countries’ participation in global value chains?
presented by: Olga Solleder, International Trade Centre
Session 126: EEA Topics in Behavioral and Experimental Economics August 23, 2016 15:50 to 17:00 CICG 17
Session Chair: Anouk Schippers, University of Groningen
Session type: contributed
Online fundraising, self-image, and the long-term impact of ask avoidance
presented by: Maja Adena, Wissenschaftszentrum Berlin für Sozialf
I lie? We lie! Why? Experimental Evidence on a Dishonesty Shift in Groups
[slides]
presented by: Lisa Spantig, University of Munich
A Commercial Gift for Charity
presented by: Anouk Schippers, University of Groningen
Session 127: ESEM Advances in Treatment Effects August 23, 2016 15:50 to 17:00 CICG 3
Session Chair: Markus Frölich, University of Mannheim
Session type: contributed
Quantile Regression Kink Designs
presented by: Yuya Sasaki, Johns Hopkins University
The Finite Sample Performance of Inference Methods for Propensity Score Matching and Weighting Estimators
presented by: Hugo Bodory, University of St. Gallen
Direct and Indirect Treatment Effects: Causal Chains and Mediation Analysis with Instrumental Variables
presented by: Markus Frölich, University of Mannheim
Session 128: ESEM Auction Theory II August 23, 2016 15:50 to 17:00 CICG 6
Session Chair: Carolina Manzano, universitat Rovira i Virgili
Session type: contributed
Auctions vs. Fixed Pricing: Competing for Budget Constrained Buyers
presented by: Cemil Selcuk, Cardiff University
Resale in Second-Price Auctions with Costly Participation
presented by: Gorkem Celik, ESSEC Business School
Market Power and Welfare in Asymmetric Divisible Good Auctions
presented by: Carolina Manzano, universitat Rovira i Virgili
Session 129: ESEM Decision Theory I August 23, 2016 15:50 to 17:00 CICG 9
Session Chair: Christian Zankiewicz, German Institute for Economic Research (DIW Berlin)
Session type: contributed
Group-Shift and the Consensus Effect
presented by: David Dillenberger, University of Pennsylvania
Temptations and Self-Discipline
presented by: Maximilian Mihm, NYU Abu Dhabi
Binary Choice Belief Elicitation: An Adaptively Optimal Design
presented by: Christian Zankiewicz, German Institute for Economic Research (DIW Berlin)
Session 130: ESEM Empirical Macro: Inflation and Inflation Expectations August 23, 2016 15:50 to 17:00 CICG 2
Session Chair: Eva Ortega, Bank of Spain
Session type: contributed
Inflation as a Global Phenomenon -- Some Implications for Policy Analysis and Forecasting
presented by: Ayse Kabukcuoglu, Koc University
In Search of a Nominal Anchor: What Drives Long-Term Inflation Expectations?
presented by: Emanuel Moench, Deutsche Bundesbank
The Evolution of Inflation Expectations in Euro Area Markets
presented by: Eva Ortega, Bank of Spain
Session 131: ESEM Estimation in the Frequency Domain August 23, 2016 15:50 to 17:00 GI S9
Session Chair: Maddalena Cavicchioli, University of Modena and Reggio Emilia
Session type: contributed
Quantile Cross-Spectral Measures of Dependence between Economic Variables
presented by: Jozef Barunik, Institute of Economic Studies, Charles U
Multiresolution Regression
presented by: Clark Lundberg, San Diego State University
SPECTRAL REPRESENTATION AND AUTOCOVARIANCE STRUCTURE OF MARKOV SWITCHING DSGE MODELS
presented by: Maddalena Cavicchioli, University of Modena and Reggio Emilia
Session 132: ESEM Finance II: Reputation in Financial Markets August 23, 2016 15:50 to 17:00 CICG 15
Session Chair: Ansgar Walther, University of Oxford
Session type: contributed
Pundits and Quacks: Learning about Analysts when Fundamental Asset Values are Unobserved
presented by: Adrien Vigier, Oxford University
Reputational Concerns in Directed Search Markets with Adverse Selection
presented by: Elton Dusha, University of Chile
Crowding out disclosure: Amplification and stress test design
presented by: Ansgar Walther, University of Oxford
Session 133: ESEM Macroeconomic Theory III August 23, 2016 15:50 to 17:00 GI S4
Session Chair: Serdar Ozkan, University of Toronto
Session type: contributed
Migration Restrictions: Implications on Human Capital, Output, and Welfare
presented by: Jingchao Li, East China University of Science and Technology
Countercyclical Optimal Policy versus Procyclical Simple Rules
presented by: Jean-Bernard Chatelain, University Paris I Pantheon Sorbonne
Monetary Policy, Heterogeneity, and the Housing Channel
presented by: Serdar Ozkan, University of Toronto
Session 134: ESEM Mechanism Design II August 23, 2016 15:50 to 17:00 CICG 18
Session Chair: Alexey Kushnir, Carnegie Mellon University
Session type: contributed
Bilateral Trade with Loss-Averse Agents
presented by: Jean-Michel Benkert, University of Zurich
Trembling mechanisms
presented by: Joao Correia-da-Silva, Faculdade de Economia. Universidade do Porto
On the Equivalence of Bayesian and Dominant Strategy Implementation: The Case of Non-Linear Utilities
presented by: Alexey Kushnir, Carnegie Mellon University
Session 135: ESEM Political Economy III August 23, 2016 15:50 to 17:00 CICG 7
Session Chair: Giovanni Andreottola, European University Institute
Session type: contributed
Downsian competition with primaries and valence asymmetries
presented by: Orestis Troumpounis, Lancaster University
Decentralization, Vertical Fiscal Imbalance, and Political Selection
presented by: Matteo Gamalerio, University of Warwick
Signalling Valence in Primary Elections
presented by: Giovanni Andreottola, European University Institute
Session 136: ESEM Strategic Communication II: Cheap Talk August 23, 2016 15:50 to 17:00 CICG 19
Session Chair: Joel Sobel, University of California San Diego
Session type: contributed
Information, Authority, and Smooth Communication in Organizations
presented by: Dezso Szalay, University of Bonn
Relational Communication with Transfers
presented by: Anton Kolotilin, University of New South Wales
Nothing but the Truthiness: Lying and Deception in Games
presented by: Joel Sobel, University of California San Diego
Session 137: ESEM Structural Break Tests August 23, 2016 15:50 to 17:00 CICG 23
Session Chair: Tom Boot, Erasmus University Rotterdam
Session type: contributed
The Effect of Regression Design on Optimal Tests for Finding Break Positions
presented by: Brendan McCabe,
A near optimal test for structural breaks when forecasting under squared error loss
presented by: Tom Boot, Erasmus University Rotterdam
Session 138: ESEM The Welfare State August 23, 2016 15:50 to 17:00 GI S7
Session Chair: Nezih Guner, ICREA-MOVE, UAB and Barcelona GSE
Session type: contributed
Quantifying Welfare Effects in the presence of Externalities: An Ex-ante Evaluation of a Sanitation Intervention
presented by: Sanghmitra Gautam, University College London
Labor Force Attachment Beyond Normal Retirement Age
presented by: Berk Yavuzoglu, Nazarbayev University
Rethinking the Welfare State
[slides]
presented by: Nezih Guner, ICREA-MOVE, UAB and Barcelona GSE
Session 139: ESEM Topics in Theoretical Econometrics August 23, 2016 15:50 to 17:00 CICG 11
Session Chair: Juan Jose Dolado, European University Institute
Session type: contributed
VAR model averaging and the focused information criterion with an application to portfolio choice
presented by: Filip Klimenka, University of Oxford
A diagnostic criterion for approximate factor structure
[slides]
presented by: Elisa Ossola, European Commission - Joint Research Centre
Quantile Factor Models
presented by: Juan Jose Dolado, European University Institute
Session 140: Hard Evidence in Mechanism Design and in Games August 23, 2016 17:15 to 18:30 CICG 1
Session Chair: Robert Porter, Northwestern University
Session type: invited
Hard Evidence in Mechanism Design and in Games
presented by: Eddie Dekel, Tel Aviv University and Northwestern Uni
Session 141: EEA Business Cycles August 24, 2016 8:30 to 9:45 CICG 16
Session Chair: Joachim Jungherr, IAE (CSIC), MOVE, and Barcelona GSE
Session type: contributed
Lumpy investment and reserve capacity building
presented by: Andreas Bachmann, University of Bern
News Shocks and Business Cycles: Bridging the Gap from Different Methodologies
presented by: Christoph Gortz, University of Birmingham
Equity and Long-term Debt over the Business Cycle
presented by: Joachim Jungherr, IAE (CSIC), MOVE, and Barcelona GSE
Session 142: EEA Commodity Prices and Macroeconomics August 24, 2016 8:30 to 9:45 CICG Espace Motta 1
Session Chair: Martin Bodenstein, Federal Reserve Board
Session type: contributed
Local Labor Markets Adjustments to Oil Booms and Busts
presented by: Gaetano Basso, UCDavis
Oil Prices, Terms of Trade and Optimal Monetary Policy
presented by: Marius Clemens, German Institute for Economic Research (DIW Berlin)
Commodity prices and labour market dynamics in small open economies
presented by: Martin Bodenstein, Federal Reserve Board
Session 143: EEA Development and Inequality August 24, 2016 8:30 to 9:45 GI S5
Session Chair: Rafael Domenech, Universidad de Valencia
Session type: contributed
The Great Divergence revisited: industrialization, inequality and political conflict in the unified growth model
presented by: Dmitriy Veselov, Higher School of Economics
Endogenous Factor Income Distribution - When Piketty meets Romer -
presented by: Andreas Irmen, University of Luxembourg
Human Capital and Income Inequality: New Facts and Some Explanations
presented by: Rafael Domenech, Universidad de Valencia
Session 144: EEA Economic Theory: Organizational Economics and Mechanism Design August 24, 2016 8:30 to 9:45 GI S1
Session Chair: Luca Picariello, Norwegian School of Economics
Session type: contributed
Voluntary Disclosure Schemes for Offshore Tax Evasion: An Analysis
presented by: Matthew Rablen, Brunel University London
The Impact of Incentive Pay and Internal Monitoring on Corporate Crime
presented by: Daniel Herold, JLU Gießen
Organizational Design with Portable Skills
presented by: Luca Picariello, Norwegian School of Economics
Session 145: EEA Education Economics III August 24, 2016 8:30 to 9:45 CICG 22
Session Chair: Andrea Ichino, European University Institute
Session type: contributed
The Effect of Parental Involvement on the Use of a Digital Homework Tool and Math Performance for Secondary Students – A Randomized Field Experiment
presented by: Joris Ghysels, Maastricht University
Making it right? Social norms, hand writing and cognitive skills
presented by: Raphael Guber, Munich Center for the Economics of Aging
Cognitive and non-cognitive costs of daycare 0-2 for girls
presented by: Andrea Ichino, European University Institute
Session 146: EEA Empirical Finance II August 24, 2016 8:30 to 9:45 GI S3
Session Chair: Laura Coroneo, University of York
Session type: contributed
Monetary Policy and the Stock Market: Time-Series Evidence
presented by: Andreas Neuhierl, University of Notre Dame
The Role of Commodity Index Investment in Commodity and Asset Price Comovement
presented by: Reinhard Ellwanger, Bank of Canada
TIPS Liquidity Premium and Quantitative Easing
presented by: Laura Coroneo, University of York
Session 147: EEA Empirical Industrial Organization: Demand Analysis August 24, 2016 8:30 to 9:45 CICG 12
Session Chair: Saul Lach, Hebrew U Jerusalem
Session type: contributed
Inference of Choice Sets in Grocery Retailing
presented by: Anna Lu, DIW Berlin
Parallel Imports in the Car Market: Evidence from France
presented by: Isis Durrmeyer, U Mannheim
Retail Prices in a City: An Empirical Analysis
presented by: Saul Lach, Hebrew U Jerusalem
Session 148: EEA Exchange Rate Passthrough August 24, 2016 8:30 to 9:45 CICG 17
Session Chair: Philip Sauré, Swiss National Bank
Session type: contributed
Pass-Through of Exchange Rate Shocks on Inflation: A Bayesian Smooth Transition VAR Approach
presented by: Hernan Rincon, Banco de la Republica
Exchange Rate Pass-Through in Production Chains: Application of Input-Output Analysis
presented by: Kiyotaka Sato, Yokohama National University
The Speed of the Exchange Rate Pass-Through
presented by: Philip Sauré, Swiss National Bank
Session 149: EEA Forecasts, Reputational Concerns, and Expert Advice August 24, 2016 8:30 to 9:45 CICG 8
Session Chair: Jin Yeub Kim, University of Nebraska Lincoln
Session type: contributed
Reputation Concerns and Information Aggregation
presented by: Sergey Stepanov, Higher School of Economics
Too good to be truthful? Why competent advisors are fired
presented by: Christoph Schottmueller, University of Copenhagen
Forecast Dispersion: Strategic Behavior and Dispersed Information
presented by: Jin Yeub Kim, University of Nebraska Lincoln
Session 150: EEA Gender Economics I August 24, 2016 8:30 to 9:45 CICG 13
Session Chair: Arun Jacob,
Session type: contributed
Psychological momentum and gender
presented by: Danny Cohen-Zada, Ben Gurion University
Gender differences in networking
presented by: Friederike Mengel, University of Essex
Gender Bias in Educational Attainment in India : The Role of Dowry Payments
presented by: Arun Jacob,
Session 151: EEA Labor Economics: Program Evaluation III August 24, 2016 8:30 to 9:45 CICG 21
Session Chair: Sylvie Blasco, University of Le mans
Session type: contributed
Job Creation Schemes In Turbulent Times
presented by: Laura Pohlan, ZEW Centre for European Economic Research, Mannheim
Counselling and Monitoring the Unemployed - Efficient Policy Tool or Pathway into Low-wage Trap?
presented by: Lukas Fervers, Institute for Applied Economic Research (IAW), Tübingen
Peer Effects of Job Search Assistance Group Treatments - Evidence of a Randomized Field Experiment among Disadvantaged Youths
presented by: Sylvie Blasco, University of Le mans
Session 152: EEA Long Run Developments: New Approaches August 24, 2016 8:30 to 9:45 CICG 20
Session Chair: Christian Groth, University of Copenhagen
Session type: contributed
Intergenerational wealth mobility in France, 19th and 20th century
presented by: Jerome Bourdieu, INRA
Historical Analysis of National Subjective Wellbeing using Millions of Digitized Books
presented by: Daniel Sgroi, University of Warwick
Growth or stagnation in pre-industrial Britain? A revealed income growth approach
presented by: Christian Groth, University of Copenhagen
Session 153: EEA Monetary Economics I August 24, 2016 8:30 to 9:45 GI Auditoire B
Session Chair: George Alogoskoufis, Athens University of Economics and Business
Session type: contributed
Trade-Off between Inflation and Output Stabilization Under Natural Rate Misperceptions
presented by: Isabel Cairo, Board of Governors of the Federal Reserve System
On the Desirability of Nominal GDP Targeting
presented by: Julio Garin, University of Georgia
Unemployment Persistence, Inflation and Monetary Policy in a Dynamic Stochastic Model of the Phillips Curve
presented by: George Alogoskoufis, Athens University of Economics and Business
Session 154: EEA Political Economics: Institutions II August 24, 2016 8:30 to 9:45 CICG Espace Motta 2
Session Chair: Bard Harstad, University of Oslo
Session type: contributed
Persistence of Power: Dynamic Multilateral Bargaining
presented by: Chloe Tergiman, University Of British Columbia
The Political Economy of Weak Treaties
presented by: Bard Harstad, University of Oslo
Session 155: EEA Procurement August 24, 2016 8:30 to 9:45 GI S6
Session Chair: Markku Siikanen, Aalto U
Session type: contributed
Who Should Bear The Risk? Evidence from Public Procurement Auctions
presented by: Hidenori Takahashi, University of Mannheim
Hospital pharmaceutical Market as an Investment?
presented by: Markku Siikanen, Aalto U
Session 156: EEA Topics in Behavioral Economics August 24, 2016 8:30 to 9:45 CICG 4
Session Chair: Takeshi Murooka,
Session type: contributed
Deception and Self-deception
presented by: Joel van der Weele, University of Amsterdam
Overconfidence, self-serving attributions and motivation
presented by: Nina Hestermann, Toulouse School of Economics
The Timing of Choice-Enhancing Policies
presented by: Takeshi Murooka,
Session 157: EEA Topics in Development Economics August 24, 2016 8:30 to 9:45 CICG Telecom
Session Chair: Stephanos Vlachos, University of Lausanne
Session type: contributed
Weather shocks, early marriage and the direction of marriage payments
presented by: Lucia Corno, Catholic University, Milan
Democracy and Demography: Societal Effects of Fertility Limits on Local Leaders
presented by: S Anukriti, Boston College
On war exposure and political radicalization
presented by: Stephanos Vlachos, University of Lausanne
Session 158: EEA Trade and Productivity August 24, 2016 8:30 to 9:45 CICG 5
Session Chair: Marnix Amand, Universite de Lausanne - HEC Lausanne
Session type: contributed
Dutch Disease in a Dynamic International Trade Model of an Small Open Economy
presented by: Gonzalo Valdes, University of California San Diego
Services Trade Restrictiveness and Manufacturing Productivity: The Role of Institutions
presented by: Matteo Fiorini, European University Institute
Can Productivity Follow a Pareto distribution if Exports "Look'' Log-normal?
presented by: Marnix Amand, Universite de Lausanne - HEC Lausanne
Session 159: EEA Unconventional Monetary Policy I August 24, 2016 8:30 to 9:45 GI S8
Session Chair: Annukka Ristiniemi, Sveriges Riksbank
Session type: contributed
Unconventional Monetary Policy in a Currency Union with Segmentation in the Market for Government Debt
presented by: Andreas Tischbirek, University of Lausanne
The ECB's Asset Purchase Programme: an Early Assessment
presented by: Johannes Breckenfelder, European Central Bank
Quantitative easing in theory and practice
presented by: Annukka Ristiniemi, Sveriges Riksbank
Session 160: EEA Unemployment II August 24, 2016 8:30 to 9:45 CICG 14
Session Chair: Hanno Foerster, University of Mannheim
Session type: contributed
Randomizing information on a targeted wage support program for older workers: A field experiment
presented by: Pia Homrighausen, Institute for Employment Research (IAB), University of Mannheim
Do Higher Benefits for Labour Market Program Participants Enhance Re-employment?
presented by: Tomi Kyyrä, VATT, University of Helsinki
A Structural Empirical Analysis of Job Search, Active Labor Market Policies and Sickness Absence
presented by: Hanno Foerster, University of Mannheim
Session 161: ESEM Applied Macroeconomics: Debt August 24, 2016 8:30 to 9:45 CICG 11
Session Chair: Keshav Dogra, Federal Reserve Bank of New York
Session type: contributed
An Analysis of the Impact of Government Debt and Taxation on Growth: Does it Matter if the Debt is Held Abroad?
presented by: Gregory Huffman, Vanderbilt University
The Gains from Resolving Debt Overhang: Evidence from a Structural Estimation
presented by: David Zeke, University of Southern California
Optimal debt restructuring and lending policy in a monetary union
presented by: Keshav Dogra, Federal Reserve Bank of New York
Session 162: ESEM Choice Theory August 24, 2016 8:30 to 9:45 CICG 15
Session Chair: Miguel-Angel Ballester, Universitat Autonoma de Barcelona
Session type: contributed
A simple model of choice and consideration sets
presented by: Shaofang Qi, Humboldt University Berlin
A Model of Choice with an Exogenous Endowment and an Endogenous Reference Point
[slides]
presented by: Amnon Maltz, University of Haifa
Single-Crossing Random Utility Models
presented by: Miguel-Angel Ballester, Universitat Autonoma de Barcelona
Session 163: ESEM Connectedness August 24, 2016 8:30 to 9:45 CICG 23
Session Chair: Andrea Cipollini, University of Palermo
Session type: contributed
Backtesting Marginal Expected Shortfall and Related Systemic Risk Measures
presented by: Jérémy Leymarie, UNIVERSITY OF ORLEANS
Choosing Stress Scenarios for Systemic Risk Through Dimension Reduction
presented by: Matthew Pritsker, Federal Reserve Bank of Boston
Risk aversion connectedness in Europe
presented by: Andrea Cipollini, University of Palermo
Session 164: ESEM Mechanism Design III August 24, 2016 8:30 to 9:45 CICG 18
Session Chair: Sjaak Hurkens, CSIC
Session type: contributed
Optimal Dynamic Market Making
presented by: Simon Loertscher, University of Melbourne
Optimal Public Information Disclosure by Mechanism Designer
presented by: Takuro Yamashita, Toulouse School of Economics
Optimal Crowdfunding Design
presented by: Sjaak Hurkens, CSIC
Session 165: ESEM Networks I: Networks and Pricing August 24, 2016 8:30 to 9:45 CICG 19
Session Chair: Pablo Schenone, Arizona State University
Session type: contributed
Efficient Contracting in Network Financial Markets
presented by: Chaojun Wang, Stanford University
Price Competition in Product Variety Networks
[slides]
presented by: Philipp Ushchev, Higher School of Economics, Moscow
Networks, Frictions, and Price Dispersion
presented by: Pablo Schenone, Arizona State University
Session 166: ESEM Panels I August 24, 2016 8:30 to 9:45 GI S4
Session Chair: Ekaterini Kyriazidou, Athens Univeristy of Economics and Business
Session type: contributed
Integrated Likelihood Based Inference For Nonlinear Panel Data Models With Unobserved Effects
presented by: Martin Schumann, University of Luxembourg
Bias Corrected CCEP Estimation In Homogeneous Dynamic Panels
presented by: Ignace De Vos, Ghent University
Panel Vector Autoregressions with Binary Data
presented by: Ekaterini Kyriazidou, Athens Univeristy of Economics and Business
Session 167: ESEM Political Economy IV August 24, 2016 8:30 to 9:45 GI AUD A2
Session Chair: Stephane Wolton,
Session type: contributed
Public versus Secret Voting in Committees
presented by: Marcos Nakaguma, University of Sao Paulo
Institutions, Repression and the Spread of Protest
presented by: Mehdi Shadmehr, University of Calgary
Mass Purges
presented by: Stephane Wolton,
Session 168: ESEM Method of Moments Estimation in Large Dimensions August 24, 2016 8:30 to 9:45 CICG 3
Session Chair: Enrique Sentana, CEMFI
Session type: contributed
Double Instrumental Variable Estimation of Interaction Models with Big Data
presented by: Patrick Gagliardini, Università della Svizzera italiana
Second order asymptotic biases of consistent estimators under many instruments
presented by: Stanislav Anatolyev, New Economic School
Finite underidentification
presented by: Enrique Sentana, CEMFI
Session 169: ESEM Search and Matching I August 24, 2016 8:30 to 9:45 GI S9
Session Chair: Jean Flemming, University of Oxford
Session type: contributed
Work Histories and Lifetime Unemployment
presented by: Iacopo Morchio, University of Vienna
Asymmetries in Labor Market Fluctuations
presented by: Carlo Pizzinelli, University of Oxford
Skill Accumulation in the Market and at Home
presented by: Jean Flemming, University of Oxford
Session 170: ESEM Specification Tests for Volatility Dynamics August 24, 2016 8:30 to 9:45 CICG 9
Session Chair: Javier Hidalgo, London School of Economics
Session type: contributed
Misspecification Testing in GARCH-MIDAS Models
presented by: Christian Conrad, University of Heidelberg
A Specification Test of Dynamic Conditional Distributions
presented by: Victor Troster, Universitat de les Illes Balears (UIB)
TESTING FOR STABILITY OF THE CORRELATION STRUCTURE
presented by: Javier Hidalgo, London School of Economics
Session 171: ESEM Strategic Communication III: Dynamic Games August 24, 2016 8:30 to 9:45 CICG 6
Session Chair: Levent Kockesen, Koc University
Session type: contributed
The Optimal Timing of Persuasion
presented by: Adrien Vigier, Oxford University
Persuading the Regulator to Wait.
presented by: Pavel Zryumov, Wharton School of Business
Optimal Delegation of Sequential Decisions: The Role of Communication and Reputation
[slides]
presented by: Levent Kockesen, Koc University
Session 172: ESEM Structural Estimation in Microeconomics August 24, 2016 8:30 to 9:45 GI AUD A
Session Chair: Martin Browning, Oxford University
Session type: contributed
Policy Uncertainty about State Pension Reform
presented by: Ben Etheridge, University of Essex
Sources of Change in the Life-Cycle Decisions of American Men and Women: 1962-2014
presented by: Osnat Lifshitz, Tel Aviv Jaffa Academic College
Income and Consumption: a Micro Semi-structural Analysis with Pervasive Heterogeneity
presented by: Martin Browning, Oxford University
Session 173: ESEM Topics in Applied Macro I August 24, 2016 8:30 to 9:45 CICG 7
Session Chair: Florian Exler, University of Mannheim
Session type: contributed
Habit Formation in Consumption: A Meta-Analysis
presented by: Tomas Havranek, Czech National Bank
The Value of News
presented by: Leif Anders Thorsrud, BI Norwegian Business School
Personal Bankruptcy and Wage Garnishment
presented by: Florian Exler, University of Mannheim
Session 174: ESEM Poster Session 2 August 24, 2016 9:45 to 17:00
Session type: poster
Testing for cojumps in high-frequency asset prices
presented by: Markus Kösler, University of Cologne
The Nonparametric Approach to Evolutionary Oligopoly
presented by: Hamed Markazi Moghadam, Ruhr Graduate School in Economics
On responsibility-sensitive egalitarianism: Equivalent results with exponential utilities
presented by: Jun Matsui, Waseda University
Measuring the frequency dynamics of financial connectedness and systemic risk
presented by: Tomas Krehlik, Academy of Sciences of the Czech Republic
Man-cessions, Fiscal Policy, and the Gender Composition of Employment
presented by: Christian Bredemeier, University of Cologne
Session 175: EEA Asset Pricing and Macroeconomics August 24, 2016 10:15 to 12:15 CICG 13
Session Chair: Rafael De Rezende, Sverige Riksbank
Session type: contributed
Government Spending Shocks and Asset Prices
presented by: Ruchith Dissanayake, University of Alberta
Endogenous Growth Cycles and Asset Prices in a Search Economy
presented by: Malte Schumacher, University of Muenster
Ambiguity and Time-Varying Risk Aversion in Sovereign Debt Markets
presented by: Maximilian Podstawski, DIW Berlin
Generalized Disappointment Aversion, Learning and Variance Premium
presented by: Mykola Babiak, CERGE-EI
Risks in macroeconomic fundamentals and excess bond returns predictability
presented by: Rafael De Rezende, Sverige Riksbank
Session 176: EEA Behavioral Finance August 24, 2016 10:15 to 12:15 CICG 14
Session Chair: Riccardo Calcagno, EM Lyon
Session type: contributed
Selling Dreams: Endogenous Optimism in Lending Relationships
presented by: Luc Bridet, University of St Andrews
Conflict of Interest, Disclosure, and Vertical Relationships: An Experimental Analysis
presented by: Paul Chen, Australian National University
Investor Sentiment Purged: A Powerful Predictor in the Cross-Section of Stock Returns
presented by: Liya Chu, Singapore Management University
To trust is good, but to control is better: how do investors discipline financial advisors' activity
presented by: Riccardo Calcagno, EM Lyon
Session 177: EEA Econometrics: Forecasting August 24, 2016 10:15 to 12:15 CICG 16
Session Chair: Elena-Ivona Dumitrescu, Paris Ouest Nanterre la Defense
Session type: contributed
Do spatial structures yield better volatility forecasts?
presented by: Stanislav Khrapov, New Economic School
Does Uncertainty Affect Participation in the European Central Bank’s Survey of Professional Forecasters?
presented by: Víctor López-Pérez, Universidad Politécnica de Cartagena (UPCT)
Asymmetry and Federal Reserve Forecasts
presented by: Riccardo DiCecio, Federal Reserve Bank of St. Louis
Inflation forecasts: Are market-based and survey-based measures informative?
presented by: Magdalena Grothe, European Central Bank
Exchange Rate Volatility Forecasting: a Multivariate Realized-GARCH Approach
presented by: Elena-Ivona Dumitrescu, Paris Ouest Nanterre la Defense
Session 178: EEA Econometrics: Structural Estimation August 24, 2016 10:15 to 12:15 GI S6
Session Chair: Songül Tolan, DIW Berlin
Session type: contributed
Estimating the Competitive Storage Model with Trending Commodity Prices
presented by: Nicolas Legrand, INRA
Estimating On-the-job Search as an Intensive Margin
presented by: Guillaume Wilemme, Sciences Po Paris
Graphical Interpretations of Rank Conditions for Identification of Linear Gaussian Models
presented by: Nick Arefiev, Higher School of Economics
Health, Retirement and Disability Benefits: a Dynamic Structural Model
presented by: Chiara Dal Bianco, Ca' Foscari University of Venice
The Role of Time Preferences in Educational Decision Making
presented by: Songül Tolan, DIW Berlin
Session 179: EEA Economic History II August 24, 2016 10:15 to 12:15 CICG Espace Motta 1
Session Chair: William Hanlon, UCLA
Session type: contributed
National identity in border regions - The causal effect of homogenization policies in Alsace-Lorraine
presented by: Sirus Dehdari, Stockholm University
Of Mice and Merchants: Trade and Growth in the Iron Age
presented by: Stephan Maurer, London School of Economics
Rigid relations: How did external adjustment work under the Gold Standard (1880-1913)
presented by: Felix Ward, University of Bonn
Monetary versus Macroprudential Policies: U.K. Bank Rate and Credit Controls in the Era of the Radcliffe Report
presented by: David Aikman, Bank of England
Coal Smoke and the Costs of the Industrial Revolution
presented by: William Hanlon, UCLA
Session 180: EEA Economic Theory: Auctions August 24, 2016 10:15 to 12:15 CICG 17
Session Chair: Anette Boom, Copenhagen Business School
Session type: contributed
Competing Combinatorial Auctions
presented by: Thomas Kittsteiner, RWTH Aachen University
Harnessing Beliefs to Stimulate Efforts
presented by: Marco Serena, Max Planck Institute for Tax Law and Public Finance
Two-Sided Allocation Problems, Matching with Transfers, and the Impossibility of Ex Post Efficiency
presented by: Simon Loertscher, University of Melbourne
Common Value All-pay Auctions
presented by: Chang-Koo Chi, Aalto University School of Business
Price Regulations in a Multi-unit Uniform Price Auction
presented by: Anette Boom, Copenhagen Business School
Session 181: EEA Economic Theory: Dynamic Games August 24, 2016 10:15 to 12:15 CICG Telecom
Session Chair: Inga Deimen, University of Bonn
Session type: contributed
The Sorry Clause
presented by: Vatsalya Srivastava, Tilburg University
To Share or Not to Share: Adjustment Dynamics in Sharing Markets
presented by: Thomas Weber, Ecole Polytechnique Federale de Lausanne
Coalition formation and surplus sharing in repeated multi-coalitional games
presented by: Arnold Polanski, University of East Anglia
Green Bandits
presented by: Katinka Holtsmark, University of Oslo
A Bandit Model of Two-Dimensional Uncertainty -- Rationalizing Mindsets
presented by: Inga Deimen, University of Bonn
Session 182: EEA Empirical Banking II August 24, 2016 10:15 to 12:15 CICG Espace Motta 2
Session Chair: Oliver Rehbein, Halle Institute for Economic Research
Session type: contributed
Is Bank Capital Regulation Costly for Firms? - Evidence from Syndicated Loans
presented by: Abhik Mukherjee, epfl
“Sorry, We're Closed": Loan Conditions When Due to Branch Closure Firms Transfer to another Bank
presented by: Diana Bonfim, Banco de Portugal
CDS and Credit: Testing the Small Bang Theory of the Financial Universe with Micro Data
presented by: Yuejuan Yu, Shandong University
What do a million firms say about banks as shock absorbers? Evidence from the flooding of the river Elbe
presented by: Oliver Rehbein, Halle Institute for Economic Research
Session 183: EEA Fiscal Policy II August 24, 2016 10:15 to 12:15 CICG 20
Session Chair: Dimitrios Bermperoglou, University of Lausanne
Session type: contributed
The Carrot and Stick Approach to Debt Relief: Overcoming Moral Hazard
presented by: Marin Ferry, IRD, UMR225-DIAL
The Earned Income Tax Credit: Targeting the Poor but Crowding out Wealth
presented by: Maren Froemel, University of Cambridge
Macroeconomic effects of reducing labor tax in the euro area. A structural model-based approach
presented by: Matija Lozej, Central Bank of Ireland
Government Spending Shocks and Labor Productivity
presented by: Gábor Uhrin, University of Göttingen
Non-linear Effects of Fiscal Policy: The Role of Housing Wealth and Collateral Constraints
presented by: Dimitrios Bermperoglou, University of Lausanne
Session 184: EEA Labor Economics August 24, 2016 10:15 to 12:15 GI S3
Session Chair: Eskil Heinesen, Rockwool Foundation
Session type: contributed
Temporary employment, demand volatility and unions: Firm-level evidence
presented by: francesco devicienti, university of torino
Connecting the Young: In-School Work and Post-Graduation Employment in Booms and Great Recessions
presented by: Dagmar Müller, Uppsala University
Big Bosses, Big Promotions and Big Data
presented by: Tatu Westling, University of Helsinki
Standing and "Survival" in the Adult Film Industry
presented by: Jochen Lüdering, Justus-Liebig-Universität Gießen
Employment, occupational mobility and job skills of cancer survivors
presented by: Eskil Heinesen, Rockwool Foundation
Session 185: EEA Labor Economics: Demography and Gender August 24, 2016 10:15 to 12:15 CICG 21
Session Chair: Philip Rosenbaum, Copenhagen Business School
Session type: contributed
Domestic Violence with Learning
presented by: Noemi Mantovan, Bangor University
Where Women Make the Difference. The Effects of Corporate Board Gender-Quota on Firms’ Performance Across Europe
presented by: Federica Origo, Università di Bergamo
Fertility Discrimination in Hiring? Evidence from a Field Experiment
presented by: Ana Fernandes, Berner Fachhochschule; University of Fribourg
This town ain't big enough for the both of us: On power couples and urbanization
presented by: Julian Johnsen, University of Bergen
Early Labour Market Disruption: Effects of Young Adult Childbearing on the Women’s Labour Market Outcome
presented by: Philip Rosenbaum, Copenhagen Business School
Session 186: EEA Macroprudential Policies I August 24, 2016 10:15 to 12:15 GI Auditoire B
Session Chair: Alessandro Flamini, University of Pavia
Session type: contributed
Could the boom-bust in eurozone's periphery have been prevented?
presented by: Michał Brzoza-Brzezina, National Bank of Poland
Should Banking Supervision and Monetary Policy Be Separated?
presented by: Felix Rutkowski, University of Bonn
Monetary and macroprudential policies: a simple framework
presented by: Michael McLeay, Bank of England
Calibrating Macroprudential Regulation for Investment Mortgages: Evidence from UK Buy-to-Let Loans
presented by: Conor M O'Toole, Central Bank of Ireland
Policy Mandates for Macroeconomic and Financial Stability
presented by: Alessandro Flamini, University of Pavia
Session 187: EEA Pensions and Savings I August 24, 2016 10:15 to 12:15 CICG 22
Session Chair: Johannes Geyer, DIW Berlin
Session type: contributed
Can I Stay or Should I Go? Mandatory Retirement and Labor Force Participation of Senior Workers
presented by: Simon Rabaté, Paris School of Economics
Pricing annuities: the role of taxation in retirement decisions
presented by: Alma Ramsden,
Financial needs when health declines; estimates and implications for health expenditures and pension payout schemes
presented by: Lieke Kools, Leiden University, Netspar
Pension wealth and the retirement decision of mothers
presented by: Johannes Endler, University of Potsdam
Employment effects and the pension system - Evidence from a cohort based reform
presented by: Johannes Geyer, DIW Berlin
Session 188: EEA Sovereign Debt and Banks August 24, 2016 10:15 to 12:15 CICG 4
Session Chair: Nuno Coimbra, Paris School of Economics
Session type: contributed
Sovereign Risk and Bank Risk-Taking
presented by: Anil Ari, University of Cambridge
Capital Requirements for Government Bonds - Implications for Financial Stability
presented by: André Sterzel, Heinrich Heine University Duesseldorf
Bank Exposures and Sovereign Stress Transmission
presented by: Saverio Simonelli, University of Naples Federico II
Liquidity, Government Bonds and Sovereign Debt Crises
presented by: Francesco Molteni, CEPII
Sovereigns at Risk: A dynamic model of sovereign debt and banking leverage
presented by: Nuno Coimbra, Paris School of Economics
Session 189: EEA Taxation of Multinational Firms August 24, 2016 10:15 to 12:15 GI S8
Session Chair: Benedikt Rydzek, ETH Zurich
Session type: contributed
How can emerging countries tax multinational firms? Evidence from a large policy reform in Chile
presented by: Dina Pomeranz, Harvard
Is it Luring Innovations or just Profit? The Case of European Patent Boxes
presented by: Federica Liberini, KOF, ETH Zurich
Empirical Evaluation on the Effects of Interest Barriers: Case Finland
presented by: Olli Ropponen, Government Institute for Economic Research (VATT)
Corporate Taxation and Location of Intangible Assets: Patents vs. Trademarks
presented by: Olena Dudar, ZEW Centre for European Economic Research
Are MNEs paying their fair share?
presented by: Benedikt Rydzek, ETH Zurich
Session 190: EEA Trade and Macroeconomics August 24, 2016 10:15 to 12:15 CICG 5
Session Chair: Alessandro Barattieri, Collegio Carlo Alberto and ESG UQAM
Session type: contributed
Capital Market Imperfections and Trade Liberalization in General Equilibrium
presented by: Michael Irlacher, University of Munich
Ben Bernanke in Doha: The effect of monetary policy on optimal tariffs
presented by: Wolfgang Lechthaler, Kiel Institute for the World Economy
The Extensive Margin of Trade and Monetary Policy
presented by: Yuko Imura, Bank of Canada
Fiscal devaluation with endogenous markups: competitiveness and welfare
presented by: Martine Carre, University of Paris Dauphine
Asymmetric Trade Liberalizations and Current Account Dynamics
presented by: Alessandro Barattieri, Collegio Carlo Alberto and ESG UQAM
Session 191: EEA Uncertainty and Macroeconomics August 24, 2016 10:15 to 12:15 GI S5
Session Chair: Michele Lenza, European Central Bank
Session type: contributed
Subjective Interest Rate Uncertainty and the Macroeconomy: An international panel approach
presented by: Klodiana Istrefi, Banque de France
On measuring aggregate uncertainty and its impact on investment: cross-country evidence from the euro area
presented by: Oke Roehe, Deutsche Bundesbank
Identifying Uncertainty Shocks Using the Price of Gold
presented by: Michele Piffer, DIW Berlin
Estimating the effects of global uncertainty in open economies
presented by: Silvia Delrio, Ca' Foscari University of Venice
Money Market Interest Rate Uncertainty and Macroeconomic Implications
presented by: Michele Lenza, European Central Bank
Session 192: ESEM Behavioural Economics III August 24, 2016 10:15 to 12:15 CICG 15
Session Chair: Luis Santos-Pinto, U Lausanne
Session type: contributed
Realization Utility with Adaptive Reference Points
presented by: Xuedong He, Columbia University
Bounded Rationality and Correlated Equilibria
presented by: Fabrizio Germano, Universitat Pompeu Fabra
Reference Points and Learning
presented by: Alan Beggs, WADHAM COLLEGE
A General Equilibrium Theory of Firm Formation under Optimal Expectations
presented by: Luis Santos-Pinto, U Lausanne
Session 193: ESEM Bounds on Treatment Effects August 24, 2016 10:15 to 12:15 GI S7
Session Chair: Carlos Flores, California Polytechnic State University
Session type: contributed
SHARP INSTRUMENTAL INEQUALITIES: TESTING IV INDEPENDENCE ASSUMPTION
presented by: Ismael Mourifie, University of Toronto
Heterogeneous Treatment Effects with Mismeasured Endogenous Treatment
presented by: Takuya Ura, University of California, Davis
A Calibration Estimator for Treatment Effect and Synthetic Control in High-Dimension
presented by: Jérémy L'Hour, CREST
Bounds on Average Treatment Effects with an Invalid Instrument
presented by: Carlos Flores, California Polytechnic State University
Session 194: ESEM Connectedness II August 24, 2016 10:15 to 12:15 CICG 23
Session Chair: Kamil Yilmaz, Koc University
Session type: contributed
Measuring the Connectedness of the Global Economy
presented by: Matthew Greenwood-Nimmo, University of Melbourne
Market credit risk in the Eurozone area
presented by: Ana-Maria H. Dumitru, University of Surrey
Affine Modelling of Credit Risk, Credit Event and Contagion
presented by: Fulvio Pegoraro, Banque de France
How Connected is the Global Sovereign Credit Risk Network?
presented by: Kamil Yilmaz, Koc University
Session 195: ESEM Education and Occupational Choices August 24, 2016 10:15 to 12:15 GI S4
Session Chair: Cecilia Machado, Getulio Vargas Foundation FGV-EPGE
Session type: contributed
Default Bias in Borrowing: Evidence from a Field Experiment on Federal Student Loans
presented by: Lesley Turner, University of Maryland
Competitive Schools and the Gender Gap in the Choice of Field of Study
presented by: Fanny Landaud, Paris School of Economics
The Effect of Same-Gender and Same-Race Role Models on Occupation Choice: Evidence from Randomly Assigned Mentors at West Point
presented by: Michael Kofoed, United States Military Academy
The Effects of a Centralized College Admission Mechanism on Migration and College Enrollment: Evidence from Brazil
presented by: Cecilia Machado, Getulio Vargas Foundation FGV-EPGE
Session 196: ESEM Evolutionary Game Theory I August 24, 2016 10:15 to 12:15 CICG 11
Session Chair: Matthijs van Veelen, University of Amsterdam
Session type: contributed
Assortativity Evolving from Social Dilemmas
presented by: Heinrich Nax, ETHZ
Sex With No Regrets: How Sexual Reproduction Uses a No Regret Learning Algorithm for Evolutionary Advantage
presented by: Ziv Hellman, Bar Ilan University
The Index +1 Principle
presented by: Andy McLennan, University of Queensland
In and out of equilibrium II: evolution in repeated games with discounting and complexity costs
presented by: Matthijs van Veelen, University of Amsterdam
Session 197: ESEM Industrial Organization I August 24, 2016 10:15 to 12:15 CICG 19
Session Chair: Adriaan Soetevent, U Groningen
Session type: contributed
Multiproduct pricing made simple
presented by: Mark Armstrong, University of Oxford
The Market for Surprises: Selling Substitute Goods through Lotteries.
presented by: Sergei Izmalkov, New Economic School Moscow
Multi-Variety Durable-Good Monopoly: A Revised Coase Conjecture and Product Design
presented by: Francesco Nava, London School of Economics
Discount competition
presented by: Adriaan Soetevent, U Groningen
Session 198: ESEM Markets and Incentives August 24, 2016 10:15 to 12:15 CICG 6
Session Chair: Armin Schmutzler, University of Zurich
Session type: contributed
What Makes a Price Fair? An Experimental Study of Transaction Experience and Endogenous Fairness Views
presented by: Holger Herz, University of Fribourg
More Effort With Less Pay: On Information Avoidance, Belief Design, and Performance
presented by: Nora Szech, Karlsruhe Institute of Technology
Competition and Endogenous Risk-Taking in Financial Markets
presented by: Philipp Strack, UC Berkeley
Inducing variety: A Theory of Innovation Contests
presented by: Armin Schmutzler, University of Zurich
Session 199: ESEM Mechanism Design IV August 24, 2016 10:15 to 12:15 CICG 18
Session Chair: Nemanja Antic, Northwestern University, Kellogg School of Management
Session type: contributed
Stochastic Delivery and Intertemporal Price Discrimination with Multiple Products
presented by: John Thanassoulis, University of Warwick
Competing Mechanisms in Markets for Lemons
presented by: Sarah Auster, Bocconi, IGIER
Robust Mechanism Design of Exchange
presented by: Pavel Andreyanov, UCLA
Screening Through Coordination
presented by: Nemanja Antic, Northwestern University, Kellogg School of Management
Session 200: ESEM Political Economy V: The Political Economy of Wars August 24, 2016 10:15 to 12:15 GI AUD A2
Session Chair: Adam Meirowitz, University of Utah
Session type: contributed
Dispute Resolution Institutions and Strategic Militarization
presented by: Massimo Morelli, Bocconi University
This mine is mine! How minerals fuel conflicts in Africa
presented by: Dominic Rohner, University of Lausanne
Political Specialization
presented by: Kevin Sheedy, London School of Economics
Session 201: ESEM Political Economy VI: Macro August 24, 2016 10:15 to 12:15 GI S9
Session Chair: Kevin Sheedy, London School of Economics
Session type: contributed
Monetary Conservatism and Sovereign Default
presented by: Joost Roettger, University of Cologne
Ideological Polarization and Government Debt
presented by: Andrew Pickering, University of York
The Wrong Policy at the Right Time
presented by: Joachim Jungherr, IAE (CSIC), MOVE, and Barcelona GSE
Politically Feasible Public Bailouts
presented by: Octavia Foarta, Stanford Graduate School of Business
Session 202: ESEM Specification Testing August 24, 2016 10:15 to 12:15 CICG 9
Session Chair: Pascal Lavergne, Toulouse School of Economics
Session type: contributed
NONPARAMETRIC SPECIFICATION TESTING VIA THE TRINITY OF TESTS
presented by: Abhimanyu Gupta, University of Essex
A New Portmanteau Test in ARMA Models with Weak Errors
presented by: Xuexin Wang, Xiamen University
Specification testing for errors-in-variables models
presented by: Taisuke Otsu, London School of Economics
Normality tests for latent variables
presented by: Dante Amengual, Centro de Estudios Monetarios y Financie
Bootstrap Quasi-Likelihood Ratio Tests for Nested Models
presented by: Pascal Lavergne, Toulouse School of Economics
Session 203: ESEM Topics in Asset Prices and Finance II August 24, 2016 10:15 to 12:15 CICG 3
Session Chair: Dobrislav Dobrev, Federal Reserve Board of Governors
Session type: contributed
An Equilibrium Search Model of Fire Sales
presented by: Nuray Akin, Ozyegin University, School of Business
Hedge Fund Portfolio Management with Illiquid Assets
presented by: Serge Darolles, Universite Paris-Dauphine
Valuing American options using fast recursive projections
presented by: Paola Pederzoli, University of Geneva
Dynamic Noisy Rational Expectations Equilibrium with Information Production and Beliefs-Based Speculation
presented by: Jerome Detemple, Boston University
High-Frequency Cross-Market Trading: Model Free Measurement and Applications
presented by: Dobrislav Dobrev, Federal Reserve Board of Governors
Session 204: ESEM Topics in Applied Macro II August 24, 2016 10:15 to 12:15 CICG 7
Session Chair: Christian Haefke, NYU Abu Dhabi
Session type: contributed
Welfare Effects of Fiscal Procyclicality: Who Wins with a Structural Balance Fiscal Rule?
presented by: Alvaro Aguirre, Central Bank of Chile
A State-Level Analysis of Okun’s Law
presented by: Ruben Hernandez-Murillo, Federal Reserve Bank of Cleveland
Accessorizing: The Effect of Union Contract Renewals on Consumption
presented by: Roberta Zizza, Banca d'Italia
Assessing Solutions Towards The Unemployment Volatility Puzzle: The Role of Labor Market Participation
presented by: Christian Haefke, NYU Abu Dhabi
Session 205: ESEM Topics in Applied Micro August 24, 2016 10:15 to 12:15 GI S2
Session Chair: Anthony Strittmatter, University of St. Gallen
Session type: contributed
What Leads to Errors in Surveys? Evidence from Multiple Government Programs
presented by: Nikolas Mittag, CERGE-EI, Charles University
Synthesizing Cash for Clunkers: Stabilizing the Car Market, Hurting the Environment
presented by: Stefan Klößner, Saarland University
Changes in Family Structure and Student's Outcomes. Evidence from the German National Educational Panel Study.
presented by: Natalie Obergruber, ifo Institute, Munich and IZA
Direct and indirect effects of training vouchers for the unemployed
presented by: Anthony Strittmatter, University of St. Gallen
Session 206: ESEM Topics in Micro-Econometrics August 24, 2016 10:15 to 12:15 GI AUD A
Session Chair: Laurent Davezies, Centre de Recherche en Économie et Statistique
Session type: contributed
Testing a parametric transformation model versus a nonparametric alternative
presented by: Arkadiusz Szydlowski, University of Leicester
Bootstrap Confidence Intervals for Sharp Regression Discontinuity Designs with the Uniform Kernel
presented by: Otavio Bartalotti, Iowa State University
Nonparametric Test of Monotonicity of Bidding Strategy in First-price Auctions
presented by: Nianqing Liu, Shanghai University of Finance and Economics
Nonlinear Random Coefficients
presented by: Arthur Lewbel, Boston College
Regression Discontinuity Design with Continuous Measurement Error in the Running Variable
presented by: Laurent Davezies, Centre de Recherche en Économie et Statistique
Session 207: Academia and IO Partnerships on Development Challenges August 24, 2016 12:30 to 13:30 CICG 2
Session Chair: Cedric Tille, Graduate Institute of International and
Session type: invited
Impact of globalisation on opportunities for human development - A project with ILO & UNCTAD
presented by: Jaya Krishnakumar, University of Geneva
Export Promotion: What Works? - A project for ITC, WTO & UNCTAD
presented by: Marcelo Olarreaga, Université de Genève
Global Value Chains and Development - A project with WTO
presented by: Richard Baldwin, International Economics at the Graduate Institute, Geneva)
Session 208: EEA Banking Theory II August 24, 2016 13:45 to 15:20 GI Auditoire B
Session Chair: Sweder van Wijnbergen, University of Amsterdam
Session type: contributed
Collateral versus Informed Screening during Banking Relationships
presented by: Bogdan Stacescu, BI Norwegian Business School
On the Economics of Crisis Contracts
presented by: Volker Britz, ETH Zurich
Regulatory Arbitrage and Systemic Liquidity Crises
presented by: Paul Schempp, University of Bonn and Max Planck Institute for Research on Collective Goods
Cocos, Contagion and Systemic Risk
presented by: Sweder van Wijnbergen, University of Amsterdam
Session 209: EEA Behavioral and Experimental Economics: Trust and Reciprocity August 24, 2016 13:45 to 15:20 CICG 21
Session Chair: Andis Sofianos, University of Warwick
Session type: contributed
The transmission of trust through generations
presented by: Sara Tonini,
Reciprocity Evolving: Partner Choice and Communication in a Repeated Prisoner's Dilemma
presented by: Eirik Strømland, University of Bergen
Trust and Reciprocity Drive Social Common Goods Allocation Norms
[slides]
presented by: Julia Puaschunder, The New School
Trusting in an Infinitely Repeated Trust Game
presented by: Andis Sofianos, University of Warwick
Session 210: EEA Cross-Border Banking II August 24, 2016 13:45 to 15:20 GI S8
Session Chair: Cedric Tille, Graduate Institute of International and
Session type: contributed
The US Dollar Funding Premium Of Global Banks
presented by: Warren Hrung, Bank for International Settlements
GLOBAL LIQUIDITY AND CORPORATE FINANCING IN MEXICO
presented by: Adrian de la Garza, Banco de Mexico
Countercyclical Foreign Currency Borrowing: Eurozone Firms in 2007-2009
presented by: Philippe Bacchetta, University of Lausanne
What drives the funding currency mix of banks?
presented by: Cedric Tille, Graduate Institute of International and
Session 211: EEA Economics of Schooling August 24, 2016 13:45 to 15:20 CICG Espace Motta 1
Session Chair: Pierre Mouganie, American University of Beirut
Session type: contributed
Life-cycle educational choices: Evidence for two German cohorts
presented by: Martin Biewen, University of Tübingen
Increased instruction hours and the widening gap in student performance
presented by: Jan Marcus, DIW Berlin, University of Hamburg
Education Curriculum and Student Achievement: Theory and Evidence
[slides]
presented by: Vincenzo Andrietti, Università "d'Annunzio" di Chieti e Pescara
Peer Quality and the Academic Benefits to Attending Better Schools
presented by: Pierre Mouganie, American University of Beirut
Session 212: EEA Environmental Economics and Household Responses August 24, 2016 13:45 to 15:20 GI S3
Session Chair: Anna Sahari,
Session type: contributed
Heterogeneity in Nuclear-risk Perception. Evidence from Fukushima Accident and English Housing Markets.
presented by: Renaud Coulomb, University of Melbourne
Heterogeneity in household response to gasoline prices as a function of income
presented by: Aurélien Saussay, French Economic Observatory (OFCE)
The Power of Mandatory Disclosure: Evidence from the German Housing Market
presented by: Andreas Gerster, RWI
Households' technology choices and long-run energy price sensitivity
presented by: Anna Sahari,
Session 213: EEA Growth and Development II August 24, 2016 13:45 to 15:20 CICG 17
Session Chair: Clément Imbert, University of Warwick
Session type: contributed
Time for Growth
[slides]
presented by: Battista Severgnini, Copenhagen Business School
Misallocation, Selection and Productivity: A Quantitative Analysis with Panel Data from China
presented by: Tasso Adamopoulos, York University
The Return of the Sea Turtles: Empirical Evidence from China on the Industry Level Impacts of Return Skilled Migration
presented by: Russell Toth, The University of Sydney
Internal Migration and Firm Growth: Evidence from China.
presented by: Clément Imbert, University of Warwick
Session 214: EEA Health Economics III August 24, 2016 13:45 to 15:20 CICG 22
Session Chair: Elaine Kelly, Institute for Fiscal Studies
Session type: contributed
Congestion in the maternity ward: Keep calm and call the surgeon
presented by: Gabriel Facchini, European University Institute
The effect of subjective quality on the choice of hospital - Do patient perceptions matter?
presented by: Adam Pilny, RWI
Hospital Competition: Treatment Decisions and Universal Coverage of Care
presented by: Matthieu Cassou, PSE/Univerité Paris 1 Panthéon-Sorbonne
Divided by Choice? Private Providers, Patient Choice and Hospital Sorting in the English National Health Service
presented by: Elaine Kelly, Institute for Fiscal Studies
Session 215: EEA Income Distribution and Inequality II August 24, 2016 13:45 to 15:20 CICG 16
Session Chair: Andrea Stella, Federal Reserve Board
Session type: contributed
Intergenerational wealth mobility and the role of inheritance: Evidence from multiple generations
presented by: Adrian Adermon, IFAU, Uppsala University
Status Traps
presented by: Andros Kourtellos, University of Cyprus
Does Information Increase the Take-up of Social Benefits? Evidence from the Introduction of the Guarantee Pension Program in Finland
presented by: Tuuli Paukkeri, VATT Institute for Economic Research
Price Heterogeneity and Consumption Inequality
presented by: Andrea Stella, Federal Reserve Board
Session 216: EEA Industrial Organization: Theory II August 24, 2016 13:45 to 15:20 GI S1
Session Chair: Simon Martin, University of Vienna
Session type: contributed
The Enforcement of Mandatory Disclosure Rules
presented by: Matthias Dahm, University of Nottingham
Ad-valorem Platform Fees, Indirect Taxes and Effcient Price Discrimination
presented by: Zhu Wang, Federal Reserve Bank of Richmond
Segmentation versus Agglomeration: Competition between Platforms with Competitive Sellers
presented by: Heiko Karle, ETH Zurich
Under-promise and Over-Deliver? - How Online Consumer Reviews Affect Firms
presented by: Simon Martin, University of Vienna
Session 217: EEA Innovation and the Patent System August 24, 2016 13:45 to 15:20 CICG 13
Session Chair: Christian Helmers, Santa Clara University
Session type: contributed
Patents and the Success of Venture-Capital Backed Startups: Using Examiner Assignment to Estimate Causal Effects
presented by: Patrick Gaule, CERGE-EI
Antitrust, Patents, and Cumulative Innovation: Evidence from Bell Labs
presented by: Thomas Fackler, University of Munich
Low-­‐quality patents in the eye of the beholder: Evidence from multiple examiners
presented by: Gaetan de Rassenfosse, Ecole polytechnique federale de Lausanne
The impact of international patent systems: Evidence from accession to the European Patent Convention
presented by: Christian Helmers, Santa Clara University
Session 218: EEA Macroeconomics and Finance August 24, 2016 13:45 to 15:20 GI S5
Session Chair: Fiorella De Fiore, European Central Bank
Session type: contributed
Do Tax Changes Affect Credit Markets and Financial Frictions? Evidence from Credit Spreads
presented by: Christoph Winter, University of Zurich
A dynamic model of financial balances for the United Kingdom
[slides]
presented by: Stephen Burgess, Bank of England
Financial Constraints and Nominal Price Rigidities
presented by: Nikolay Hristov, ifo Institute for Economic Research
The Macroeconomic Impact of Money Market Freezes
presented by: Fiorella De Fiore, European Central Bank
Session 219: EEA Macroeconomics of Labor Markets II August 24, 2016 13:45 to 15:20 CICG 20
Session Chair: Andre Kurmann, Drexel University
Session type: contributed
Job-Embodied Growth and the Decline of Job Tenure
presented by: Tomaz Cajner, Federal Reserve Board
Minimum wage: Redistributive or discriminatory policy?
presented by: Martin Micheli, RWI
The Influence Of Financial Constraints On The Labour Hoarding Behaviour Of Firms
presented by: Elizabeth Steiner, Swiss National Bank
Downward Wage Rigidity in the United States: New Evidence from Worker-Firm Linked Data
presented by: Andre Kurmann, Drexel University
Session 220: EEA Macroprudential Policies II August 24, 2016 13:45 to 15:20 CICG 14
Session Chair: Ansgar Rannenberg, Central Bank of Ireland
Session type: contributed
DSGE Model with Interbank Market Failure: The Role of Macro-prudential Policies
presented by: Tobias Schuler, University of Rome Tor Vergata
A Macroeconomic Model of Liquidity, Wholesale Funding and Banking Regulation
presented by: Corinne Dubois, EPFL
Countercyclical capital rules for small open economies
presented by: Rossana Merola, ILO International Labour Office
Countercyclical Capital Regulation in a Small Open Economy DSGE Model
presented by: Ansgar Rannenberg, Central Bank of Ireland
Session 221: EEA Managing Trade and Export Patterns August 24, 2016 13:45 to 15:20 CICG 5
Session Chair: Peter Neary, University of Oxford
Session type: contributed
Managing Export Complexity: the Role of Service Outsourcing
presented by: Giuseppe Berlingieri, ESSEC, OECD, CEP
Managing Trade: Evidence from China and the US
presented by: Kalina Manova, Stanford University
Risk, Diversification and the Optimal Number of Export Destinations
presented by: Leif Danziger, Ben-Gurion University
Testing the Core Competency Model of Multi-Product Firms
presented by: Peter Neary, University of Oxford
Session 222: EEA Mergers, Regulation and Competition Policy August 24, 2016 13:45 to 15:20 CICG Telecom
Session Chair: Markus Dertwinkel-Kalt, University of Cologne
Session type: contributed
Leniency and Damages
presented by: Catarina Marvao, Stockholm School of Economics
Equity Justi cations for Universal Service Obligations
presented by: Michel Roland, Université Laval
Taxation and Privacy Protection on Internet Platforms
presented by: Gabrielle Demange, Paris School of Economics
Evidence Production in Merger Control: The Role of Remedies
presented by: Markus Dertwinkel-Kalt, University of Cologne
Session 223: EEA Migration III August 24, 2016 13:45 to 15:20 CICG 12
Session Chair: Alicia Adsera, Princeton University
Session type: contributed
Time, Space, and Skills in Designing Migration Policy
presented by: Michal Burzynski, Universite catholique de Louvain
Stymied Ambition: Does a Lack of Economic Freedom Lead to Migration?
presented by: Laura Renner, University of Freiburg
A search and matching approach to business-cycle migration in the euro area
presented by: Janine Hart, University of Potsdam
The effect of linguistic proximity on the occupational assimilation of immigrant men in Canada
presented by: Alicia Adsera, Princeton University
Session 224: EEA Open Economy Macroeconomics I August 24, 2016 13:45 to 15:20 CICG 4
Session Chair: Ozge Senay, University of St Andrews
Session type: contributed
Trade and Interdependence in International Networks
presented by: Francois de Soyres, Toulouse School of Economics
Are Devaluations Expansionary? - Firm-Level Evidence From Estonia
presented by: Christian Proebsting, University of Michigan
Optimal Fiscal Substitutes For The Exchange Rate In A Monetary Union
presented by: Christoph Kaufmann, University of Cologne
Optimal Monetary Policy, Exchange Rate Misalignments and Incomplete Financial Markets
presented by: Ozge Senay, University of St Andrews
Session 225: EEA Search in Labor Markets II August 24, 2016 13:45 to 15:20 GI S6
Session Chair: Marianna Kudlyak, Federal Reserve Bank of Richmond
Session type: contributed
Self-Insurance in a Market Theory of Self-Employment
presented by: Piotr Denderski, VU University Amsterdam
Late Career Job Loss and the Decision to Retire
presented by: Irina Merkurieva, University of St Andrews
Estimating Matching Efficiency with Variable Search Effort
presented by: Marianna Kudlyak, Federal Reserve Bank of Richmond
Session 226: EEA Unconventional Monetary Policy II August 24, 2016 13:45 to 15:20 CICG Espace Motta 2
Session Chair: Michael Koetter, Frankfurt School of Finance and Management and IWH
Session type: contributed
The impact of negative interest rates on bank balance sheets: Evidence from the euro area
presented by: Jens Eisenschmidt, European Central Bank
Quantitative 'Flooding' and Bank Lending: Evidence from 15 Years of Life under Near-Zero Interest Rate
[slides]
presented by: Etsuro Shioji, Hitotsubashi University
The Effects of Unconventional Monetary Policy on Bank Funding Costs in the Euro Area
presented by: Boris Hofmann, Bank for International Settlements
Tracking the real effects of monetary policy: Evidence from European Central Bank's SMP purchases
presented by: Michael Koetter, Frankfurt School of Finance and Management and IWH
Session 227: ESEM Auction Theory III August 24, 2016 13:45 to 15:20 GI S4
Session Chair: Marion Ott, RWTH Aachen University
Session type: contributed
Multidimensional Second-Price and English Auctions
presented by: Seungwon (Eugene) Jeong, University of Bristol
Favoritism in Auctions
presented by: Dmitriy Knyazev, Bonn University
Nash Equilibria of Sealed-Bid Combinatorial Auctions
presented by: Marion Ott, RWTH Aachen University
Session 228: ESEM Banking and Finance August 24, 2016 13:45 to 15:20 CICG 11
Session Chair: Christoffer Koch, Federal Reserve Bank of Dallas
Session type: contributed
Tail risk in government bond markets and ECB asset purchases
presented by: Xin Zhang, Sveriges Riksbank
Interest rate pegs and central bank asset purchases: Perfect foresight and the reversal puzzle
[slides]
presented by: Rafael Gerke, Deutsche Bundesbank
Interbank Intermediation
presented by: Co-Pierre Georg, Deutsche Bundesbank and University of Cape Town
Why Are Big Banks Getting Bigger?
[slides]
presented by: Christoffer Koch, Federal Reserve Bank of Dallas
Session 229: ESEM Decision Under Uncertainty August 24, 2016 13:45 to 15:20 GI S7
Session Chair: Thomas Epper, University of St. Gallen
Session type: contributed
Cautious and Globally Ambiguity Averse
[slides]
presented by: Ozgur Evren, New Economic School
Bayesian Updating for Complementarily Additive Beliefs under Ambiguity
presented by: Mayumi Horie, Hiroshima University of Economics
Rationalizability of Menu Preferences
presented by: Christopher Tyson, Queen Mary University of London
The Ambiguity Triangle: Uncovering Fundamental Patterns of Behavior Under Uncertainty
presented by: Thomas Epper, University of St. Gallen
Session 230: ESEM Dynamic Contracts I August 24, 2016 13:45 to 15:20 GI S9
Session Chair: Francesc Dilme, University of Bonn
Session type: contributed
Leverage and risk taking
presented by: Santiago Moreno, University of Zurich
Conservation Contracts in a Dynamic Game
presented by: Bard Harstad, University of Oslo
Continuous-Time Contracting with Ambiguous Perceptions
presented by: Martin Dumav, Universidad Carlos III de Madrid
Dynamic Asset Trade a la Bertrand
presented by: Francesc Dilme, University of Bonn
Session 231: ESEM Finance III: Trading and Financial Intermediation August 24, 2016 13:45 to 15:20 GI AUD A2
Session Chair: Jakub Rojcek, University of Zurich
Session type: contributed
Heterogeneity in decentralised asset markets
presented by: Julien Hugonnier, EPFL
Chasing Private Information
presented by: Emiliano Pagnotta, Imperial College Business School
Emiliano Pagnotta, Imperial College Business School
Chasing Private Information
presented by: Emiliano Pagnotta, Imperial College Business School
Emiliano Pagnotta, Imperial College Business School
Price Impact of Aggressive Liquidity Provision
[slides]
presented by: Jakub Rojcek, University of Zurich
Session 232: ESEM Generalized Method of Moments Estimation August 24, 2016 13:45 to 15:20 CICG 7
Session Chair: Mario Philipp Rothfelder, Tilburg University
Session type: contributed
A Comparison of Limited Information Estimators in Dynamic Simultaneous Equations Models
presented by: DANDAN Wang, Cardiff University
Refined Procedures for Second-Order Asymptotic Theory
presented by: Paul Rilstone, York University
Inconsistency of the bootstrap for the subset Anderson-Rubin test and Bonferroni-based size correction
presented by: Firmin Doko Tchatoka, University of Adelaide
Testing for a Threshold in Models with Endogenous Regressors
presented by: Mario Philipp Rothfelder, Tilburg University
Session 233: ESEM Macro-Finance and Housing August 24, 2016 13:45 to 15:20 CICG 23
Session Chair: Rafael Repullo, CEMFI
Session type: contributed
Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession
presented by: Aaron Hedlund, University of Missouri
The Dynamics of Subprime Adjustable-rate Mortgage Default: A Structural Estimation
presented by: Wenli Li, Federal Reserve Bank of Philadelphia
On the Limits of Macroprudential Policy
presented by: Marcin Kolasa, Narodowy Bank Polski
State-Owned Banks in a Credit Crunch
presented by: Rafael Repullo, CEMFI
Session 234: ESEM Matching Markets I August 24, 2016 13:45 to 15:20 GI S2
Session Chair: Julien Combe, Paris School of Economics
Session type: contributed
Dynamic allocation of objects to queuing agents
presented by: Francis Bloch, Universite Paris I
The Design of Teacher Assignment: Theory and Evidence
presented by: Camille Terrier, Paris School of Economics, CEP (London School of Economics)
Double Matching with Common Side
presented by: Julien Combe, Paris School of Economics
Session 235: ESEM Mixed Frequency Estimation August 24, 2016 13:45 to 15:20 CICG 15
Session Chair: Michael McCracken, Federal Reserve Bank of St. Louis
Session type: contributed
Revisiting the transitional dynamics of business-cycle phases with mixed frequency data
presented by: Marie Bessec, Université Paris Dauphine, PSL Research University, LEDa
A Mixed Frequency Stochastic Volatility Model for Intraday Stock Market Returns
presented by: Jeremias Bekierman, University of Cologne
Ordinary Mixed-Frequency Data Econometrics
presented by: Cleiton Taufemback,
Real-Time Forecasting with a Large, Mixed Frequency, Bayesian VAR
presented by: Michael McCracken, Federal Reserve Bank of St. Louis
Session 236: ESEM Political Economy VII: Immigration Policy August 24, 2016 13:45 to 15:20 CICG 3
Session Chair: Giovanni Facchini, University of Nottingham
Session type: contributed
The Political Economy of Immigration and Population Ageing
presented by: Valerio Dotti, University College London
The Role of Cognitive and Noncognitive Skills in Selecting into Migration
presented by: Aline Buetikofer, Norwegian School of Economics
Political Factors as Drivers of International Migration
presented by: Mariola Pytlikova, CERGE-EI and VSB Ostrava
The rhetoric of closed borders: quotas, lax enforcement and illegal migration
presented by: Giovanni Facchini, University of Nottingham
Session 237: ESEM Portfolios and Financial Returns August 24, 2016 13:45 to 15:20 CICG 6
Session Chair: Denis Pelletier, North Carolina State University
Session type: contributed
Testing for Leverage Effect in Financial Returns
presented by: Florian ielpo,
Arbitrage Free Dispersion
presented by: Fabio Trojani, University of Geneva and Swiss Finance I
A Relaxed Approach to Estimating Large Portfolios and Gross Exposure
presented by: Mehmet Caner, Ohio State University
Returns, Durations and Time Endogeneity
presented by: Denis Pelletier, North Carolina State University
Session 238: ESEM Predictability in Finance August 24, 2016 13:45 to 15:20 CICG 19
Session Chair: Eric Jondeau, Swiss Finance Institute and University of Lausanne
Session type: contributed
Assessing the predictive ability of sovereign default risk on exchange rate returns
presented by: Barbara Sadaba, Erasmus University - Tinbergen Institute
Comparing Density Forecasts in a Risk Management Context
presented by: Hao Fang, University of Amsterdam
Small-sample tests for stock return predictability with possibly non-stationary regressors and GARCH-type effects
presented by: Richard Luger, Laval University
Forecasting Financial Returns with a Structural Macroeconomic Model
presented by: Eric Jondeau, Swiss Finance Institute and University of Lausanne
Session 239: ESEM Topics in Finance August 24, 2016 13:45 to 15:20 CICG 18
Session Chair: Marcelo Ochoa, Federal Reserve Board of Governors
Session type: contributed
GMM estimation of the Long Run Risks model
presented by: Jules Tinang, Toulouse School of Economics
Conditional Cross-Section: Belief Difference and Characteristic Explanations
presented by: Hogyu Jhang, Georgia Institute of Technology
Risk Shocks and the Strength of Financial Amplification: Evidence From Loan-Level Data
presented by: fatih altunok, Central Bank of Turkey
Aggregate Volatility Risk and the Cross-Section of Equity Returns: The Role of Labor Heterogeneity
presented by: Marcelo Ochoa, Federal Reserve Board of Governors
Session 240: EEA Banks and Business Cycles August 24, 2016 15:50 to 17:00 CICG 16
Session Chair: Swetlana Kreiser, Friedrich-Alexander University Nuremberg
Session type: contributed
Bank lending to non-financial corporations and the real economy: a wavelet analysis
presented by: Martin Mandler, Deutsche Bundesbank
Macroeconomic Consequences of Shadow Bank Regulation -- Implications at the Zero Lower Bound
presented by: Falk Mazelis, European Central Bank
Banking and the Macroeconomy: A Micro-Macro Linkage
presented by: Swetlana Kreiser, Friedrich-Alexander University Nuremberg
Session 241: EEA Behavioral and Experimental Economics: Auctions August 24, 2016 15:50 to 17:00 GI S8
Session Chair: Wladislaw Mill, Friedrich-Schiller-Universität Jena
Session type: contributed
Two Heads are Better than One: Teams and Individuals in Standard Auction Formats
presented by: Maria Sablina, University of Munich
Determinants and Effects of Reserve Prices in Auctions: Empirical Evidence from Online Gaming
presented by: Till Stowasser, University of Munich
Spite and overbidding in second price all-pay auctions. A theoretical and experimental investigation
presented by: Wladislaw Mill, Friedrich-Schiller-Universität Jena
Session 242: EEA Consumption and Household Economics III August 24, 2016 15:50 to 17:00 CICG Espace Motta 1
Session Chair: Stefan Buehler, University of St. Gallen
Session type: contributed
Charitable Behaviour and the Big Five Personality Traits: Censored Quantile Regression Analysis of UK Panel Data
presented by: Sarah Brown, University of Sheffield
Prices versus Preferences: Taste Change and Revealed Preference
presented by: Martin Browning, Oxford University
Payment Evasion
presented by: Stefan Buehler, University of St. Gallen
Session 243: EEA Development Economics: Empirical Studies II August 24, 2016 15:50 to 17:00 GI Auditoire B
Session Chair: Gabriela Galassi,
Session type: contributed
Risk-type and preference-based selection and stability of funeral insurance associations in Thailand
presented by: Juliane Zenker, University of Goettingen
Household Fuel Use in Rural China
presented by: Christophe Muller, Aix-Marseille University
The effect of Conditional Cash Transfers on cognitive skills: The case of the Brazilian Bolsa Familia
presented by: Gabriela Galassi,
Session 244: EEA Development Economics: Savings and Microfinance August 24, 2016 15:50 to 17:00 CICG 21
Session Chair: Giorgia Barboni, Visiting Scholar, Harvard Kennedy School
Session type: contributed
Does Anti-Diversification Pay? A One-Sided Matching Model of Microcredit
presented by: Thilo Klein, OECD
Saving by Default: Evidence from a Field Experiment in Rural India
presented by: Lore Vandewalle, Graduate Institute of International and Development Studies
Repayment Flexibility in Microfinance Contracts: Theory and an Experimental Test
presented by: Giorgia Barboni, Visiting Scholar, Harvard Kennedy School
Session 245: EEA Education Economics IV August 24, 2016 15:50 to 17:00 CICG 22
Session Chair: Anna Busse, University of Heidelberg
Session type: contributed
Does the identity of leaders matter for education? Evidence from the first black governor in the US
presented by: Veronique Gille, Paris 1 University
Leadership experiences, labor market entry, and early career trajectories
presented by: Oskar Skans, Uppsala University
The Effects of Free Childcare on Labor Supply and Children
presented by: Anna Busse, University of Heidelberg
Session 246: EEA Empirical Industrial Organization II August 24, 2016 15:50 to 17:00 GI S5
Session Chair: Roxana Fernandez, Tilburg University
Session type: contributed
Consumer state dependence, switching costs, and forward-looking producers. A dynamic discrete choice model applied to the diaper market
presented by: Dennis Rickert, DICE; University of Düsseldorf
Nonparametric Identification in English Auctions with Absentee Bidding
presented by: Marleen Marra, University College London
Spillover Effects in the Food and Beverage Service Industry
presented by: Roxana Fernandez, Tilburg University
Session 247: EEA Environmental Economics II August 24, 2016 15:50 to 17:00 GI S3
Session Chair: Chiara Ravetti, University of Oxford
Session type: contributed
The Nordic Model And The Oil Nation
presented by: Roberto Iacono, Norwegian University of Science and Technology
Consumer Inattention, Heuristic Thinking and the Role of Energy Labels
presented by: Mark Andor, Rhine-Westphalia Institute for Economic Research (RWI)
Buy coal or kickstart green? A North-South perspective
presented by: Chiara Ravetti, University of Oxford
Session 248: EEA Family Economics III August 24, 2016 15:50 to 17:00 CICG 12
Session Chair: Ana Tur-Prats, Universitat Pompeu Fabra
Session type: contributed
Gender based taxation and the division of parental childcare: an empirical test
presented by: Martin Olsson, Research Institute of Industrial Economics (IFN)
Increased Inequality in the Household Resources Allocated to Children, and its Causes: 1975--2012
presented by: Marianne Bruins, Oxford University
Unemployment and Intimate-Partner Violence: A Gender-Identity Perspective
presented by: Ana Tur-Prats, Universitat Pompeu Fabra
Session 249: EEA Financial Crises II August 24, 2016 15:50 to 17:00 CICG 17
Session Chair: Albert Queralto, Federal Reserve Board
Session type: contributed
Surviving the perfect storm: the role of the lender of last resort
presented by: Carla Soares, Banco de Portugal
Heterogeneous Firms, Wages, and the Effects of Financial Crises
presented by: Alex Clymo, University of Amsterdam
Banks, Capital Flows and Financial Crises
presented by: Albert Queralto, Federal Reserve Board
Session 250: EEA Financial Market Microstructure I August 24, 2016 15:50 to 17:00 CICG 8
Session Chair: Lerby Ergun, LSE
Session type: contributed
Anonymous trading in equities
presented by: Tom Meling, University of Bergen
Core-Periphery Trading Networks
presented by: Chaojun Wang, Stanford University
Information Aggregation in OTC Derivatives Markets: Evidence from Consensus Prices
presented by: Lerby Ergun, LSE
Session 251: EEA Gender Economics II August 24, 2016 15:50 to 17:00 CICG 13
Session Chair: Jana Cahlikova, Max Planck Institute for Tax Law and Public Finance
Session type: contributed
How to Reduce the Unexplained Gender Wage Gap? Evidence from a Regression Discontinuity Design
presented by: Giannina Vaccaro, University of Geneva
Queens in check: the performance gender-gap in real high-stakes competitions
presented by: Peter Backus, University of Manchester
How Stress Affects Performance and Competitiveness across Gender
presented by: Jana Cahlikova, Max Planck Institute for Tax Law and Public Finance
Session 252: EEA Housing and Finance August 24, 2016 15:50 to 17:00 CICG 20
Session Chair: John Muellbauer, Nuffield College, University of Oxford
Session type: contributed
Preference for Housing Services and Rational House Price Bubbles
presented by: Stefanie Huber, Universitat Pompeu Fabra / Barcelona GSE / European Central Bank (DG-Research)
How does monetary policy affect mortgage default? Evidence from a quasi-natural experiment
[slides]
presented by: David Byrne, Central Bank of Ireland
Credit Conditions and Consumption, House Prices and Debt: What Makes Canada Different?
presented by: John Muellbauer, Nuffield College, University of Oxford
Session 253: EEA Monetary Economics II August 24, 2016 15:50 to 17:00 CICG Espace Motta 2
Session Chair: Roc Armenter, Federal Reserve Bank of Philadelphia
Session type: contributed
Leaning against the wind and policy tradeoffs
presented by: Lien Laureys, Bank of England
Voluntary Reserve Targets
presented by: Francesca Carapella, Federal Reserve Board
Excess Reserves and Monetary Policy Normalization
presented by: Roc Armenter, Federal Reserve Bank of Philadelphia
Session 254: EEA Monetary Economics: Empirics III August 24, 2016 15:50 to 17:00 GI S6
Session Chair: Francesca Loria, European University Institute
Session type: contributed
Monetary Policy and Financial Stability: Cross-Country Evidence
presented by: Christian Friedrich, Bank of Canada
The Financial Stability Dark Side of Monetary Policy
presented by: Piergiorgio Alessandri, Banca d'Italia
Has the Fed Responded to House and Stock Prices?
presented by: Francesca Loria, European University Institute
Session 255: EEA Political Economics: Lobbying and Interest Groups August 24, 2016 15:50 to 17:00 CICG 5
Session Chair: Alois Stutzer, University of Basel
Session type: contributed
Lobbying, Inside and Out: How Special Interest Groups Influence Policy Choices
presented by: Stephane Wolton,
Activism, Mobilization and Polarization
presented by: Raghul Venkatesh, Aix-Marseille Universite - School of Economics
Does Public Attention Reduce the Influence of Special Interest Groups? Policy Positions on SOPA/PIPA Before and After the Internet Blackout
presented by: Alois Stutzer, University of Basel
Session 256: EEA Search in Labor Markets III August 24, 2016 15:50 to 17:00 GI S1
Session Chair: Rita Ginja, Uppsala University
Session type: contributed
Labor Market Responses to Taxes and Minimum Wage Policies
presented by: Haomin Wang, Paris School of Economics
Employment and Welfare Effects of Short-Time Work in Germany
presented by: Kilian Niedermayer, Institute for Employment Research (IAB)
Non-Contributory Health Insurance and Household Labor Supply: Evidence from Mexico
presented by: Rita Ginja, Uppsala University
Session 257: EEA Taxation and Tax Evasion August 24, 2016 15:50 to 17:00 CICG Telecom
Session Chair: Jan Sebastian Nimczik, University of Mannheim
Session type: contributed
How long-lasting are the effects of audits?
presented by: Jonathan Shaw, Institute for Fiscal Studies
Learning Dynamics in Tax Bunching at the Kink: Evidence from Ecuador
presented by: Jan Sebastian Nimczik, University of Mannheim
Session 258: EEA Unemployment III August 24, 2016 15:50 to 17:00 CICG 14
Session Chair: Murat Tasci, Federal Reserve Bank of Cleveland
Session type: contributed
Fundamental Transformation and Contractual Reference Points in a Shapiro-Stiglitz World
presented by: Vivian Carstensen, Bielefeld University ASC ; Leibniz University Hannover
Are there gains from decentralizing public employment offices?
presented by: Lukas Mergele, Humboldt University of Berlin
The Ins and Outs of Unemployment in the Long Run: Unemployment Flows and the Natural Rate
presented by: Murat Tasci, Federal Reserve Bank of Cleveland
Session 259: EEA Wealth Heterogeneity, Macroeconomics, and Monetary Policy - ECB Sponsored Session August 24, 2016 15:50 to 17:00 CICG 4
Session Chair: Oreste Tristani, ECB
Session type: contributed
Transmission of Monetary Policy with Heterogeneity in Household Portfolios
presented by: Ralph Luetticke, University of Bonn
Public Insurance and Wealth Inequality - A Euro Area Analysis
presented by: Lien Pham-Dao, Deutsche Bundesbank
Housing and the Redistributive Eects of Monetary Policy
presented by: Philipp Hergovich, University of Vienna
Session 260: ESEM Culture and Economics August 24, 2016 15:50 to 17:00 CICG 3
Session Chair: Sara Lazzaroni, University of Bologna
Session type: contributed
Does Vote Counting Count? Labor Productivity through the Lens of an Electoral Task
presented by: Ethan Ilzetzki, London School of Economics
Personal liberties, religiosity and effort
presented by: Laura Mayoral, Institut d'Anàlisi Econòmica
The Legacy of Historical Political Institutions on Individual Attitudes: Evidence for Italy 1000-1800
presented by: Sara Lazzaroni, University of Bologna
Session 261: ESEM Decision Theory II August 24, 2016 15:50 to 17:00 GI S7
Session Chair: Nick Saponara, Boston University
Session type: contributed
Value of Information when Searching for a Secretary
presented by: Andriy Zapechelnyuk, University of Glasgow
Contests with Ambiguity
presented by: David Kelsey, University of Exeter
Bayesian Optimism
presented by: Nick Saponara, Boston University
Session 262: ESEM Dynamic Contracts II August 24, 2016 15:50 to 17:00 GI S9
Session Chair: Marta Troya-Martinez, New Economic School
Session type: contributed
The Demand and Supply for Favours in Dynamic Relationships
presented by: Jan Zapal, CERGE-EI, IAE-CSIC, and Barcelona GSE
Optimal CEO Contracting with Moral Hazard and External Shocks
presented by: Youzhi Yang, Shanghai University of Finance and Economics
Delegating relational contracts to corruptible intermediaries
presented by: Marta Troya-Martinez, New Economic School
Session 263: ESEM Industrial Organization II August 24, 2016 15:50 to 17:00 GI AUD A2
Session Chair: Özlem Bedre-Defolie, European School of Management and Technology
Session type: contributed
When the Threat is Stronger than the Execution: Trade and Welfare under Oligopoly
presented by: Peter Neary, University of Oxford
Cournot Competition with a Common Input Supplier
presented by: Leslie Marx, Fuqua School of Business
Contracts as a barrier to entry in markets with non-pivotal buyers
presented by: Özlem Bedre-Defolie, European School of Management and Technology
Session 264: ESEM Industrial Organization and Trade August 24, 2016 15:50 to 17:00 CICG 18
Session Chair: Pierre Dubois, Toulouse School of Economics
Session type: contributed
Input Prices, Productivity and Trade: Evidence from Chinese Paint Manufacturers
presented by: Shengyu Li, Durham University
Supply Function Competition and Exporters: Nonparametric Identification and Estimation of Productivity Distributions and Trade Costs
presented by: Ayse Pehlivan, Bilkent University
On the Role of Parallel Trade on Manufacturers and Retailers Profits in the Pharmaceutical Sector
presented by: Pierre Dubois, Toulouse School of Economics
Session 265: ESEM International Macroeconomics August 24, 2016 15:50 to 17:00 CICG 23
Session Chair: Daniele Siena, Banque de France
Session type: contributed
Monetary News, U.S. Interest Rate and Business Cycles in Emerging Economies
presented by: Alejandro Vicondoa, EUI
Real Interest Rates and Financial Frictions in Small Open Economies
presented by: Daniele Siena, Banque de France
Session 266: ESEM Monetary Policy II August 24, 2016 15:50 to 17:00 CICG 11
Session Chair: James Costain, Bank of Spain
Session type: contributed
The effect of FOMC dissent on financial markets
[slides]
presented by: Carlos Madeira, Central Bank of Chile
The interest rate effects of government bond purchases away from the lower bound
presented by: Rafael De Rezende, Sverige Riksbank
Monetary policy implications of state-dependent prices and wages
presented by: James Costain, Bank of Spain
Session 267: ESEM Panel Data Models with Persistence August 24, 2016 15:50 to 17:00 CICG 15
Session Chair: Carlos Velasco, Universidad Carlos III de Madrid
Session type: contributed
Generalized Efficient Inference on Factor Models with Long-Range Dependence
presented by: Yunus Emre Ergemen, CREATES, Aarhus University
An Integrated Modified OLS RESET Test for Cointegrating Regressions
presented by: Martin Wagner, Technical University Dortmund
Inference on Trending Panel Data
presented by: Carlos Velasco, Universidad Carlos III de Madrid
Session 268: ESEM Political Economy and Development August 24, 2016 15:50 to 17:00 CICG 6
Session Chair: Manasa Patnam, ENSAE
Session type: contributed
Cities Drifting Apart: Heterogeneous Outcomes of Decentralizing Public Education
presented by: Zelda Brutti, European University Institute
Politico-economic Regimes and Attitudes: Female Workers under State-socialism
presented by: Michel Serafinelli, University of Toronto
The Natural Resource Curse Revisited: Theory and Evidence from India
presented by: Manasa Patnam, ENSAE
Session 269: ESEM Search and Matching II August 24, 2016 15:50 to 17:00 GI S2
Session Chair: Xiaodong Fan, University of New South Wales
Session type: contributed
Directed search with phantom vacancies
presented by: Bruno Decreuse, Aix-Marseille University
Multi-market Simultaneous Search: Theory and Application
presented by: Xiaodong Fan, University of New South Wales
Session 270: ESEM Strategic Communication IV: Persuasion Games August 24, 2016 15:50 to 17:00 GI S4
Session Chair: Ines Moreno de Barreda, Oxford University
Session type: contributed
Deceptive Persuasion
presented by: Jeanne Hagenbach, CNRS -- Ecole Poytechnique
Bilateral transactions with evidence
presented by: Martin Gregor, Charles University, Prague
Equilibrium Persuasion
presented by: Ines Moreno de Barreda, Oxford University
Session 271: ESEM Time-Varying Volatility August 24, 2016 15:50 to 17:00 CICG 19
Session Chair: Monica Billio, Università di Venezia
Session type: contributed
Fitting vast dimensional time-varying covariance models
presented by: Cavit Pakel, Bilkent University
Which pricing approach for options under GARCH with non-normal innovations?
presented by: Lars Stentoft, University of Western Ontario
Markov Switching GARCH models for Bayesian Hedging on Energy Futures Markets
presented by: Monica Billio, Università di Venezia
Session 272: ESEM: Topics in Applied Micro: Health Economics, Productivity and Wages August 24, 2016 15:50 to 17:00 CICG 7
Session Chair: Alberto Holly, University of Lausanne
Session type: contributed
Wage Dispersion and Development: Evidence from Sub-Saharan Africa
presented by: Ija Trapeznikova, Royal Holloway, University of London
Managers and Productivity Differences
presented by: Andrii Parkhomenko, Universitat Autonoma de Barcelona, Barcelona GSE
Disentangling adverse selection, moral hazard and supply induced demand: An empirical analysis for the demand for health care services
presented by: Alberto Holly, University of Lausanne
Session 273: Growing and Slowing Down Like China August 24, 2016 17:15 to 18:30 CICG 1
Session Chair: Rachel Griffith, University of Manchester and IFS
Session type: plenary
Growing and Slowing Down Like China
presented by: Fabrizio Zilibotti, University of Zurich
Session 274: Long-Run Covariability August 25, 2016 8:30 to 9:45 CICG 1
Session Chair: Eddie Dekel, Tel Aviv University and Northwestern Uni
Session type: invited
Long-Run Covariability
presented by: Mark Watson, Princeton University
Session 275: ESEM Poster Session 3 August 25, 2016 9:45 to 17:00
Session Chair: Victoria Nuguer, Banco de México
Session type: poster
Credit Growth and Reserve Requirements as a Macro-prudential Policy: Evidence from Loan-Level Data
presented by: Arif Oduncu, Central Bank of the Republic of Turkey
Endogeneous Firm Entry in Financial Accelerator Models
presented by: Falk Mazelis, European Central Bank
Do co-jumps impact correlations in currency markets?
presented by: Lukas Vacha, UTIA, Czech Academy of Sciences
When the Central Bank Meets the Financial Authority: Strategic Interactions and Institutional Design
presented by: Victoria Nuguer, Banco de México
Session 276: EEA Advances in Empirical Industrial Organization August 25, 2016 10:15 to 12:15 CICG 4
Session Chair: Michelle Sovinsky, University of Mannheim
Session type: invited
Misallocation Measures: Glowing Like the Metal on the Edge of a Knife
presented by: Chad Syverson, University of Chicago, Booth School of Business
Technology Adoption, Vertical Restraints and Partial Foreclosure: Changing the Structure of an Industry
presented by: Michelle Sovinsky, University of Mannheim
International Price Differences in Online Markets: Evidence from the Mobile PC Industry
presented by: Frank Verboven, University of Leuven
Session 277: EEA Culture and Institutions (a Economica special session) August 25, 2016 10:15 to 12:15 CICG 1
Session Chair: Oriana Bandiera, LSE
Session type: invited
Missing Growth from Creative Destruction
presented by: Philippe Aghion, College de France and London School of Economics
The Political Economy of Enforcing Conditional Welfare Programs: Evidence from Brazil
presented by: Eliana La Ferrara, Bocconi University, Milan
Democratic Values and Institutions
presented by: Torsten Persson, International Economic Studies, Stockholm University
Session 278: EEA Information Frictions in Macroeconomics August 25, 2016 10:15 to 12:15 GI Auditoire B
Session Chair: Venky Venkateswaran, New York University
Session type: invited
Optimal Central Bank Communication
presented by: Mirko Wiederholt, Goethe University Frankfurt
Optimal Monetary Policy and Transparency with a Partially Informed Central Banker
presented by: Jennifer La'O, Columbia University
The Tail that Wags the Economy: Belief-Driven Business Cycles and Persistent Stagnation
presented by: Venky Venkateswaran, New York University
Session 279: EEA International Debt and Crises August 25, 2016 10:15 to 12:15 GI Auditoire A
Session Chair: Luigi Bocola, Northwestern University
Session type: invited
Sovereign Debt Portfolios, Bond Risks, and the Credibility of Monetary Policy
presented by: Jesse Schreger, Harvard Business School
Exchange Rates and Monetary Spillovers
presented by: Guillaume Plantin, Sciences Po
Lending of Last Resort in an Open Economy
presented by: Luigi Bocola, Northwestern University
Session 280: ES Advances in Economic Theory August 25, 2016 10:15 to 12:15 CICG 2
Session Chair: Ed Hopkins, University of Edinburgh
Session type: invited
Image Versus Information: Changing Societal Norms and Optimal Privacy
presented by: Roland Benabou, Princeton University
Optimal Dynamic Matching
presented by: Leeat Yariv, California Institute of Technology
Session 281: ES Economic Forecasting August 25, 2016 10:15 to 12:15 CICG 3
Session Chair: Valentina Corradi, University of Surrey
Session type: invited
Professional Forecasters: New Data, Facts and Theories
presented by: Rafaella Giacomini,
: Tests of Equal Accuracy for Nested Models with Estimated Factors
presented by: Michael McCracken, Federal Reserve Bank of St. Louis
Session 282: IAAE Lecture August 25, 2016 12:30 to 13:30 CICG 4
Session Chair: Barbara Rossi, ICREA-Universitat Pompeu Fabra, Barcelon
Session type: invited
IAAE Lecture
presented by: Janet Currie, Princeton
Session 283: EEA Behavioral Economics: Law and Economics and Moral Behavior August 25, 2016 13:45 to 15:20 GI Auditoire B
Session Chair: niall o'higgins, university of salerno
Session type: contributed
Pleasures of Skill and Moral Conduct
presented by: Nora Szech, Karlsruhe Institute of Technology
Spillovers of Pro-social Motivation in Social and Residential Networks
presented by: Simon Haenni, University of Lausanne
The Impact of Fine Size and Uncertainty on Punishment and Deterrence: Theory and Evidence from the Laboratory
presented by: Hannah Schildberg-Hoerisch, University of Bonn
Co-operation, Punishment and Organised Crime: A LAB-IN-THE-FIELD EXPERIMENT IN SOUTHERN ITALY
presented by: niall o'higgins, university of salerno
Session 284: EEA Bureaucracies and Corruption August 25, 2016 13:45 to 15:20 CICG 20
Session Chair: Maria Berlin, Stockholm School of Economics
Session type: contributed
Corruption and Contests: Cross-Country Evidence from Sensitive Soccer Matches
presented by: Alex Krumer, University of St. Gallen
Fines Affect Bribes
presented by: Sergey Popov, Queen's U Belfast
Patronage and the Performance of Bureaucrats: Evidence from the British Empire
presented by: Guo Xu, London School of Economics
Leniency, Asymmetric Punishment and Corruption. Evidence from China
presented by: Maria Berlin, Stockholm School of Economics
Session 285: EEA Cross-Border Banking III August 25, 2016 13:45 to 15:20 CICG Espace Motta 1
Session Chair: Lucy Qian Liu, IMF
Session type: contributed
Don't Stop Me Now: The Impact of Credit Market Segmentation on Firms' Financing Constraints
presented by: Katja Neugebauer, London School of Economics
Global Banks and Loan Supply during Crisis Times: Evidence from the Syndicated Loan Market
presented by: Philipp Schaz, Humboldt Universität zu Berlin
Risk Taking and Interest Rates: Evidence from Decades in the Global Syndicated Loan Market
presented by: Lucy Qian Liu, IMF
Session 286: EEA Corporate Finance II August 25, 2016 13:45 to 15:20 CICG Espace Motta 2
Session Chair: Rahul Mukherjee, Graduate Institute
Session type: contributed
Gender Quota Inside the Boardroom: Female Directors as New Keyplayers?
presented by: Gwenael Roudaut, Ecole Polytechnique
The Role of Corporate Culture in the Financial Industry
presented by: Andreas Barth, Goethe University Frankfurt
Agency Conflicts Around the World
presented by: Boris Nikolov, University of Lausanne
Survival of the Fittest: Corporate Control and the Cleansing Effect of Financial Crises
presented by: Rahul Mukherjee, Graduate Institute
Session 287: EEA Environmental Policies: Empirical Studies August 25, 2016 13:45 to 15:20 CICG Telecom
Session Chair: Thomas Stoerk, Universitat Pompeu Fabra
Session type: contributed
Distributional and Environmental Effects of an Emissions-Differentiated Car Sales Tax
presented by: Robin Stitzing, Nokia Technologies
Combining Price and Quantity Controls under Partitioned Environmental Regulation
presented by: Sebastian Rausch, ETH Zurich
An Evaluation of Air Pollution Control Policy in China
[slides]
presented by: Thomas Stoerk, Universitat Pompeu Fabra
Electoral Incentives and Firm Behavior: Evidence from US Power Plant Pollution Abatement
presented by: Emiliya Lazarova, University of East Anglia
Session 288: EEA Empirical Innovation Studies II August 25, 2016 13:45 to 15:20 CICG 5
Session Chair: David Dorn, University of Zurich
Session type: contributed
R&D and Credit Constraints during the Financial Crisis
presented by: Sarah Demeulemeester, KULeuven
R&D Networks: Theory, Empirics and Policy Implications
presented by: Michel Koenig, University of Zurich
Dynamic effects of patent pools: Evidence from inter-generational competition in optical disk industry
presented by: Sadao Nagaoka, Tokyo Keizai University
Foreign Competition and Domestic Innovation: Evidence from U.S. Patents
presented by: David Dorn, University of Zurich
Session 289: EEA Fiscal Consolidation August 25, 2016 13:45 to 15:20 CICG 16
Session Chair: Luisa Lambertini, EPFL
Session type: contributed
Austerity in the Aftermath of the Great Recession
presented by: Linda Tesar, University of Michigan
The Signalling Role of Fiscal Austerity
presented by: Anna Gibert Rivas, German Institute for Economic Research (DIW Berlin)
The Costs (and Benefits) of Fiscal Consolidation: What Does the Experience of U.S. States Tell Us?
presented by: Luisa Lambertini, EPFL
Session 290: EEA Growth and Development III August 25, 2016 13:45 to 15:20 CICG 17
Session Chair: Emircan Yurdagul, Universidad Carlos III de Madrid
Session type: contributed
Commodities Storage and Economic Growth
presented by: Nikolai Gräber, University of Muenster
Innovation in an Aging Population
presented by: Stefan Legge, University of St. Gallen
The Globe as a Network: Geography and the Origins of the World Income Distribution
presented by: Matt Delventhal, UAB and Barcelona GSE
AIDS, Human Capital and Development
[slides]
presented by: Emircan Yurdagul, Universidad Carlos III de Madrid
Session 291: EEA Industrial Organization: Theory III August 25, 2016 13:45 to 15:20 CICG 14
Session Chair: Andrea Canidio, INSEAD
Session type: contributed
The imitation game: A simple rule to prevent discrimination in procurement
presented by: Nicolas Fugger, University of Cologne
Why variable inventory costs intensify retail competition, and a case for manufacturer returns
presented by: Joao Montez, London Business School
Targeted Advertising and Limited Attention
presented by: Shuo Liu, University of Zurich
The Value of Entrepreneurial Failures: Task Allocation and Career Concerns
presented by: Andrea Canidio, INSEAD
Session 292: EEA International Finance II August 25, 2016 13:45 to 15:20 CICG 4
Session Chair: Ambrogio Cesa-Bianchi, Bank of England
Session type: contributed
FX Interventions in Brazil: a synthetic control approach
presented by: Marcio Garcia, PUC-Rio
Global Banking Glut vs. Global Savings Glut: evidence from the recent financial crisis
presented by: Filippo Natoli, Bank of Italy
Determinants of International Consumption Risk Sharing in Developing Countries
presented by: Malin Gardberg, Erasmus University Rotterdam
Finance and Synchronization
[slides]
presented by: Ambrogio Cesa-Bianchi, Bank of England
Session 293: EEA Labor Economics: Returns to Education August 25, 2016 13:45 to 15:20 GI S8
Session Chair: Sang Yoon (Tim) Lee, University of Mannheim
Session type: contributed
Wealth, wages and wedlock: Explaining the college gender gap reversal
presented by: Laurie Reijnders, University of Groningen
The Importance of Informal Intellectual Collaboration with Central Colleagues
presented by: Michael Rose, University of Cape Town
Does Education help Old Dogs learn New Trick ? The Lasting Impact of Compulsory Schooling Reforms on Technology Use among Older Europeans
presented by: Fabrice Kampfen, University of Lausanne
Human Capital Accumulation in Germany: the Persistent East-West Divide
presented by: Sang Yoon (Tim) Lee, University of Mannheim
Session 294: EEA Migration IV August 25, 2016 13:45 to 15:20 CICG 21
Session Chair: Simona Grassi, HEC, University of Lausanne, Lausanne
Session type: contributed
Individual attitudes towards migration: reconciling opposing views
presented by: Tobias Mueller, University of Geneva
Dynamic Effects of Co-Ethnic Networks on Human Capital and Employment of Immigrants
presented by: Michele Battisti, University of Munich
Migrating Extremists
presented by: Christian Ochsner, Ifo Institute for Economic Research
Welfare state, immigration policy, and political parties formation
presented by: Simona Grassi, HEC, University of Lausanne, Lausanne
Session 295: EEA Monetary Economics: Empirics IV August 25, 2016 13:45 to 15:20 GI S3
Session Chair: Richhild Moessner, BIS
Session type: contributed
Inflation Anchoring in the Euro Area
presented by: Christian Speck,
Systematic Monetary Policy and the Macroeconomic Effects of Shifts in Loan-to-Value Ratios
presented by: Sebastian Rueth, University of Wuerzburg
Time-varying volatility, financial intermediation and monetary policy
presented by: Norbert Metiu, Deutsche Bundesbank
Modelling the Time-Variation in Euro Area Lending Spreads
presented by: Richhild Moessner, BIS
Session 296: EEA Pensions and Savings: Behavioral Economics August 25, 2016 13:45 to 15:20 CICG 22
Session Chair: Christian Moser, Princeton University
Session type: contributed
Mental Accounting, Discretionary Saving, and Public Pensions
presented by: Tomasz Sulka, The University of Edinburgh
Behavioral responses to inheritance tax: Evidence from notches in France
presented by: Jonathan Goupille-Lebret, Paris School of Economics
The Effect of Financial Incentives on Retirement Decision Making under Different Schemes of Information Provision: Experimental Evidence
presented by: Matthias Giesecke, RWI Essen
Paternalism vs Redistribution: Designing Retirement Savings Policies with Behavioral Agents
presented by: Christian Moser, Princeton University
Session 297: EEA Preferences and Macroeconomics August 25, 2016 13:45 to 15:20 GI S1
Session Chair: Jan Witajewski-Baltvilks, Institute for Structural Research
Session type: contributed
Cross-Country Differences in Preferences for Leisure
presented by: Andreas Ek, LSE
Country-Specific Preferences and Employment Rates in Europe 
presented by: Simone Moriconi, Università Cattolica di Milano
Do positional preferences for wealth and consumption cause inter-temporal distortions?
presented by: Sugata Ghosh, Brunel University
Taste Heterogeneity, Elasticity of Substitution and Green Growth
presented by: Jan Witajewski-Baltvilks, Institute for Structural Research
Session 298: EEA Topics in International Trade II August 25, 2016 13:45 to 15:20 CICG 13
Session Chair: Robert Zymek, University of Edinburgh
Session type: contributed
Grin and Bear It: Producer-Financed Exports from an Emerging Market
presented by: Banu Demir, Bilkent University
Services trade and credit frictions: evidence with matched bank-firm data
[slides]
presented by: Francesco Bripi, Bank of Italy
Do Borders Really Slash Trade? A Meta-Analysis
presented by: Zuzana Irsova, Charles University in Prague
Gravity across Space and Time
presented by: Robert Zymek, University of Edinburgh
Session 299: EEA Topics in Monetary Economics August 25, 2016 13:45 to 15:20 GI S5
Session Chair: Simon van Norden, HEC Montréal
Session type: contributed
Modeling status quo decisions in monetary policy
presented by: Andrei Sirchenko, Higher School of Economics
On Identification Issues in (Monetary) Business Cycle Accounting Models
presented by: Francesca Loria, European University Institute
Forward Guidance under Disagreement - Evidence from the Fed’s dot projections
presented by: Gunda-Alexandra Detmers, Freie Universität Berlin
Fiscal Forecasts at the FOMC: Evidence from the Greenbooks
presented by: Simon van Norden, HEC Montréal
Session 300: EEA Wages II August 25, 2016 13:45 to 15:20 GI S6
Session Chair: Raicho Bojilov, Ecole Polytechnique - CREST
Session type: contributed
A Theory of Wage Setting Behavior
presented by: Marco Fongoni, University of Strathclyde
Wage Compression within the Firm
presented by: Domenico Tabasso, University of Geneva
Wage References, Profit Sharing and Wage Rigidity: Evidence from Linked Employer-Employee Data
presented by: Matthias Strifler, University of Jyväskylä
Estimating the Effects of Incentives When Workers Learn about Their Ability
presented by: Raicho Bojilov, Ecole Polytechnique - CREST
Session 301: ESEM Bayesian Inference August 25, 2016 13:45 to 15:20 CICG 2
Session Chair: Herman van Dijk, Erasmus University Rotterdam
Session type: contributed
A Bayesian Time-varying Approach to Risk Neutral Density Estimation
presented by: Roberto Casarin, University Ca' Foscari of Venice
A Bayesian Nonparametric Approach to Factor Analysis with Non-Gaussian Factors
presented by: Rémi Piatek, University of Copenhagen
Bayesian Compressed Vector Autoregressions
presented by: Davide Pettenuzzo, Brandeis Univeristy
Prior Ignorance, Likelihood Shape and Posterior Existence in a Cointegration Model
presented by: Herman van Dijk, Erasmus University Rotterdam
Session 302: ESEM Contract Theory I August 25, 2016 13:45 to 15:20 CICG 6
Session Chair: Catherine Bobtcheff, Toulouse School of Economics
Session type: contributed
Dynamic Procurement under Uncertainty: Optimal Design and Implications for Incomplete Contracts
presented by: Malin Arve, NHH Norwegian School of Economics
Bargaining with Informational and Real Externalities
presented by: Mikhail Drugov, New Economic School, Moscow
Managing a Conflict
presented by: Johannes Schneider, Universidad Carlos III de Madrid
Mediated Audits
presented by: Martin Pollrich, Humboldt University Berlin
Session 303: ESEM Empirical Contributions in Applied Micro August 25, 2016 13:45 to 15:20 GI S7
Session Chair: Bram De Rock, Université Libre de Bruxelles
Session type: contributed
Effect of residency matching and prospective payment on labor productivity at hospitals
presented by: Galina Besstremyannaya, Center for Economic and Financial Research at New Economic School
Is it Displacement? Evidence on the Impact of Police Monitoring on Crime
presented by: Ignacio Munyo, University of Montevideo
Noncooperative household consumption with caring
presented by: Bram De Rock, Université Libre de Bruxelles
Session 304: ESEM Equity and Bond Returns Dynamics August 25, 2016 13:45 to 15:20 CICG 18
Session Chair: Daniele Bianchi, University of Warwick
Session type: contributed
The Term Structure of Equity Returns:Risk or Mispricing?
presented by: Michael Weber, University of Chicago
Robust Bond Risk Premia
presented by: Michael Bauer, Federal Reserve Bank of San Francisco
Consumption-Wealth Ratio and Expected Stock Returns: Evidence from Panel Data on G7 Countries
presented by: João Victor Issler, Getulio Vargas Foundation
The Dynamics of Expected Returns: Evidence from Multi-Scale Time Series Modeling
presented by: Daniele Bianchi, University of Warwick
Session 305: ESEM Finance IV: Information and Financial Markets August 25, 2016 13:45 to 15:20 GI AUD A2
Session Chair: Cyril Monnet, Universitat Bern
Session type: contributed
The informational content of prices when policy makers react to financial markets
presented by: Christoph Siemroth, University of Mannheim
The Downward Trend in the Home Bias: Information Choice and Non-Tradable Labor Income in a Dynamic World
presented by: Rosen Valchev, Boston College
A Theory of Repurchase Agreements, Collateral Re-use, and Repo Intermediation
presented by: Cyril Monnet, Universitat Bern
Session 306: ESEM Fiscal Policy August 25, 2016 13:45 to 15:20 CICG 23
Session Chair: Nora Traum, North Carolina State University
Session type: contributed
Public Debt as Private Collateral
presented by: Fabrice Collard, University of Bern
Hours and Employment Over the Business Cycle
presented by: Matteo Cacciatore, HEC Montreal
Fiscal consolidation and its cross-country effects: Is there a conflict of interests?
presented by: Vanghelis Vassilatos, Athens University of Economics and Business
Green Policies, Aggregate Investment Dynamics and Vintage Effects
presented by: Nora Traum, North Carolina State University
Session 307: ESEM Forecasting August 25, 2016 13:45 to 15:20 CICG 15
Session Chair: Robert Lieli, Central European University
Session type: contributed
Nowcasting BRIC+M in Real Time
presented by: Justin-Damien Guenette, Bank of Canada
Do Seasonal Adjustments Induce Noncausal Forecastability? An Application to Inflation Rates
presented by: sean telg, maastricht university
Robust Evaluation of Multivariate Density Forecasts
presented by: Hans Manner, University of Cologne
Using the Area Under an Estimated ROC Curve to Test the Adequacy of Binary Predictors
presented by: Robert Lieli, Central European University
Session 308: ESEM Game Theory II: Applications of Global Games August 25, 2016 13:45 to 15:20 GI S3
Session Chair: Daniel Quigley, University of Oxford
Session type: contributed
Financial Contracting with Enforcement Externalities
presented by: Ricardo Serrano-Padial, Drexel University
Capital Structure, Liquidity, and Miscoordination on Runs
presented by: Linda Schilling, University of Bonn, University of Utrecht
Conceal to Coordinate
presented by: Taejin Kim, The Chinese University of Hong Kong
The roles of transparency in regime change: Striking when the iron’s gone cold
presented by: Daniel Quigley, University of Oxford
Session 309: ESEM Housing and the Macro-Economy August 25, 2016 13:45 to 15:20 GI S4
Session Chair: Ethan Ilzetzki, London School of Economics
Session type: contributed
Consumption and House Prices in the Great Recession: Model Meets Evidence
presented by: Kurt Mitman, Stockholm University
Unconventional Monetary Policy and the Allocation of Credit
presented by: Amir Kermani, UC Berkeley
Das House-Kapital: A Theory of Wealth-to-Income Ratios
presented by: Volker Grossmann, University of Fribourg
Interest Rates, Debt and Intertemporal Allocation: Evidence From Notched Mortgage Contracts in the UK
[slides]
presented by: Ethan Ilzetzki, London School of Economics
Session 310: ESEM Industrial Organization III: Theory and Experiments August 25, 2016 13:45 to 15:20 CICG 19
Session Chair: Sihong Zhang, University of Mannheim
Session type: contributed
Consumer Coalitions: Blessing or Curse?
presented by: Cigdem Gizem Korpeoglu, University College London
De-Targeting: Advertising an Assortment of Products to Loss-Averse Consumers
presented by: Heiko Karle, ETH Zurich
Loss Aversion and Competition in Vickrey Auctions: Money Ain't No Good
presented by: Agnieszka Tymula, University of Sydney
Disclosure of Verifiable Information under Competition
presented by: Sihong Zhang, University of Mannheim
Session 311: ESEM Matching Markets II August 25, 2016 13:45 to 15:20 CICG 7
Session Chair: Antonio Romero-Medina, Universidad Carlos III de Madrid
Session type: contributed
Pareto Stability in Many-to-Many Matching Markets with Ties: Theory and Practice
presented by: Mengling Li, Xiamen University
Market-making middlemen
presented by: Bo Hu, VU Amsterdam
Take-it-or-leave-it contracts in many-to-many matching markets
presented by: Antonio Romero-Medina, Universidad Carlos III de Madrid
Session 312: ESEM Methods for SVAR and DSGE Models August 25, 2016 13:45 to 15:20 CICG 3
Session Chair: Anna Staszewska-Bystrova, University of Lodz
Session type: contributed
Statistical Inference for Independent Component Analysis: Application to Structural VAR Models
presented by: Jean-Paul RENNE, HEC Lausanne
Bootstrapping DSGE models
presented by: Luca Fanelli, University of Bologna
Monetary Policy Shocks, Sign Restrictions, and Asset Prices: A Novel Approach for Analyzing Sign Restricted Models
presented by: Gábor Uhrin, University of Göttingen
Calculating Joint Confidence Bands for Impulse Response Functions using Highest Density Regions
presented by: Anna Staszewska-Bystrova, University of Lodz
Session 313: ESEM Networks II: Intermediation Networks August 25, 2016 13:45 to 15:20 CICG 11
Session Chair: Peter Kondor, London School of Economics
Session type: contributed
Decentralized Exchange
presented by: Semyon Malamud, Ecole Polytechnique Federale de Lausanne
Endogenous Market Making and Network Formation
presented by: Shengxing Zhang, London School of Economics
Sequential Collective Search in Networks
presented by: Niccolo Lomys, University of Mannheim
Trading and Information Diffusion in Over-the-Counter markets
presented by: Peter Kondor, London School of Economics
Session 314: ESEM Regularization Methods August 25, 2016 13:45 to 15:20 CICG 9
Session Chair: Senay Sokullu, University of Bristol
Session type: contributed
Estimation of social interaction models using regularization
presented by: Guy Tchuente, University of Kent
Identification and estimation in the functional linear instrumental regression
presented by: Andrii Babii, Toulouse School of Economics
Confidence Sets Based on the Lasso Estimator
presented by: Ulrike Schneider, Vienna University of Technology
Is there an optimal weighting for linear inverse problems?
presented by: Senay Sokullu, University of Bristol
Session 315: ESEM Trade August 25, 2016 13:45 to 15:20 GI S9
Session Chair: Yonghceol Shin, university of york
Session type: contributed
Trade and the Spatial Distribution of Transport Infrastructure
presented by: Alexander Tarasov, Higher School of Economics
Estimating General Equilibrium Trade Policy Effects: GE PPML
presented by: Yoto Yotov, Drexel University
International Trade with Indirect Additivity
presented by: Paolo Bertoletti, Universit� di Pavia
The Euro Effects on EU Trade Flows and Balances: Evidence from the Cross Sectionally Correlated Panel Gravity Models
presented by: Yonghceol Shin, university of york
Session 316: EEA Behavioral and Experimental Economics: Nudging August 25, 2016 15:50 to 17:00 GI Auditoire B
Session Chair: Jean-Michel Benkert, University of Zurich
Session type: contributed
Getting a Yes. An Experiment on the Power of Asking
presented by: Lisa Bruttel,
The Hidden Costs of Nudging: Experimental Evidence from Reminders in Fundraising
presented by: Mette Damgaard, Aarhus University
Informational Requirements of Nudging
presented by: Jean-Michel Benkert, University of Zurich
Session 317: EEA Development Economics: Credit Markets and Insurance August 25, 2016 15:50 to 17:00 CICG 22
Session Chair: Bansi Malde, Institute for Fiscal Studies
Session type: contributed
Labor market effects of improved access to credit among the poor: evidence from Cape Verde
presented by: Paulo Santos Monteiro, University of York
Socially Close and Distant Connections in Risk Sharing
presented by: Bansi Malde, Institute for Fiscal Studies
Session 318: EEA: Economic Theory: Mechanism Design August 25, 2016 15:50 to 17:00 GI S1
Session Chair: Cédric Wasser, University of Bonn
Session type: contributed
Club Good Intermediaries
presented by: Leslie Marx, Fuqua School of Business
Optimal Structure and Dissolution of Partnerships
presented by: Cédric Wasser, University of Bonn
Session 319: EEA Education Economics V August 25, 2016 15:50 to 17:00 CICG 21
Session Chair: Katharina Werner, Ifo Institute, Munich
Session type: contributed
The more, the better? The impact of instructional time on student performance
presented by: Stefan Wolter, University of Berne
Subjective completion beliefs and the demand for post-secondary education
presented by: Johannes Kunz, University of Zurich
Information and Preferences for Public Spending: Evidence from Representative Survey Experiments
presented by: Katharina Werner, Ifo Institute, Munich
Session 320: EEA Expectations in Macroeconomics August 25, 2016 15:50 to 17:00 CICG 14
Session Chair: Sebastian Link, University of Munich
Session type: contributed
How do Macroeconomic Shocks affect Expectations? Lessons from Survey Data
presented by: Martin Geiger, University of Innsbruck
Do Firms Expect Firm-Specific Shocks?
presented by: Sebastian Link, University of Munich
Session 321: EEA Family Economics IV August 25, 2016 15:50 to 17:00 GI S3
Session Chair: Christopher Rauh, University of Cambridge
Session type: contributed
Parental leave, Intra-Household Specialization and Children’s Well-Being
presented by: Serena Canaan, University of California, Santa Barbara
How Job Changes Affect People's Lives – Evidence From Subjective Well-being Data
presented by: Adrian Chadi, IAAEU, University of Trier
Is Marriage a White Institution? Understanding the Racial Marriage Divide
presented by: Christopher Rauh, University of Cambridge
Session 322: EEA Health Economics IV August 25, 2016 15:50 to 17:00 CICG 4
Session Chair: Ragnhild Camilla Schreiner, The Frisch Centre/University of Oslo
Session type: contributed
Asymmetric Information with multiple risks: the case of the Chilean Private Health Insurance Market
presented by: Matilde Machado, Universidad Carlos III
The Role of Insurance and Perceptions in Health Decisions: A Field Experiment among Disadvantaged Youth
presented by: Julie Pernaudet, CREST
Medicalizing youths? The effects of temporary disability receipt on future labor market outcomes.
presented by: Ragnhild Camilla Schreiner, The Frisch Centre/University of Oslo
Session 323: EEA Households Consumption and Saving August 25, 2016 15:50 to 17:00 CICG Telecom
Session Chair: Florian Exler, University of Mannheim
Session type: contributed
Buffer-stock savings and households' wealth response to income shocks
presented by: Winfried Koeniger, University of St.Gallen
Why Are Savings Rate so Low and Interest Rates so High in Brazil? The Role of Unfunded Social Security and Compulsory Savings
presented by: Ricardo Dias de Oliveira Brito, Insper Institute
Regulation of Payday Loans
presented by: Florian Exler, University of Mannheim
Session 324: EEA Labor Economics: Program Evaluation IV August 25, 2016 15:50 to 17:00 GI S5
Session Chair: Mario Bossler, Institute for Employment Research
Session type: contributed
Waiting Longer Before Claiming, and Activating Youth. Do They Just Spur Shorter Employment Spells?
presented by: Eva Van Belle, Ghent University
Distributional effects of conditionality in welfare assistance policy – an unconditional quantile treatment effects analysis
presented by: Oeystein Hernaes, The Ragnar Frisch Centre for Economic Research
Employment effects of the new German minimum wage: Evidence from establishment-level micro data
presented by: Mario Bossler, Institute for Employment Research
Session 325: EEA Labour Supply III August 25, 2016 15:50 to 17:00 CICG 20
Session Chair: Stefanie Seele, Humboldt-Universität zu Berlin
Session type: contributed
Bright Minds, Big Rent: Gentrification and the Rising Returns to Skill
presented by: Cecilia Machado, Getulio Vargas Foundation FGV-EPGE
How Risk Averse and how Prudent are Workers?
presented by: Davud Rostam-Afschar, Universitaet Hohenheim
No Role for the Hartz Reforms? Demand and Supply Factors in the German Labor Market, 1993-2014
presented by: Stefanie Seele, Humboldt-Universität zu Berlin
Session 326: EEA Media and Asset Pricing August 25, 2016 15:50 to 17:00 CICG Espace Motta 2
Session Chair: Alasdair Brown, University of East Anglia
Session type: contributed
Advertising, Attention, and Financial Markets
presented by: Michael Ungeheuer, University of Mannheim
The Value of Visibility
presented by: Michael Ungeheuer, University of Mannheim
Using Social Media to Identify Market Inefficiencies: Evidence from Twitter and Betfair
presented by: Alasdair Brown, University of East Anglia
Session 327: EEA Multinational Firms August 25, 2016 15:50 to 17:00 CICG 5
Session Chair: Fredrik Heyman, IFN
Session type: contributed
Cross-Border Vertical Integration and Technology: New Evidence for Property Rights Theory
presented by: Jung Hur, Sogang University
Like it or Not? How the Economic and Institutional Environment Shapes Individual Attitudes towards Multinational Enterprises
presented by: Jakob Schwab, Johannes-Gutenberg-University Mainz
Global Engagement and the Occupational Structure of Firms
presented by: Fredrik Heyman, IFN
Session 328: EEA Open Economy Macroeconomics II August 25, 2016 15:50 to 17:00 CICG 12
Session Chair: Leo Krippner, Reserve Bank of New Zealand
Session type: contributed
Sudden Stops, Productivity and the Optimal Level of International Reserves for Small Open Economies
presented by: Harun Nasir, University of Reading
The Post-Crisis Slump in the Euro Area and the US:Evidence from an Estimated Three-Region DSGE Model
presented by: rafal raciborski, EU Commission
Monetary policy spillovers across the Pacific when interest rates are at the zero lower bound
presented by: Leo Krippner, Reserve Bank of New Zealand
Session 329: EEA Political Economics and Inequality August 25, 2016 15:50 to 17:00 CICG 17
Session Chair: Markus Knell, Oesterreichische Nationalbank
Session type: contributed
The Impact of Local Income Inequality on Local Redistribution through Public Goods: Evidence from French Municipalities
presented by: Brice Fabre, Paris School of Economics and Aix-Marseille School of Economics
Fairness, Globalisation and Three Meanings of Meritocracy
presented by: Baochun Peng, The Hong Kong Polytechnic University
Perceptions of Inequality
presented by: Markus Knell, Oesterreichische Nationalbank
Session 330: EEA Regulation: Empirical Studies August 25, 2016 15:50 to 17:00 CICG 8
Session Chair: Chiara Canta, Norwegian School of Economics
Session type: contributed
The effect of foreign entry regulation on downstream productivity: Microeconomic evidence from China
presented by: SAI DING, Economics, Adam Smith Business School
Technological Choice in Response to Environmental Regulation: Electricity Markets and the Clean Power Plan
presented by: Andre Trindade, Getulio Vargas Foundation
Does Reference Pricing Drive Out Generic Competition in Pharmaceutical Markets? Evidence from a Policy Reform
presented by: Chiara Canta, Norwegian School of Economics
Session 331: EEA Search in Labor Markets IV August 25, 2016 15:50 to 17:00 GI S6
Session Chair: Andreas Westermark, Sveriges Riksbank
Session type: contributed
Long-run Phillips Curve in Dual Economies with Frictional Labor Markets and Wealth Inequality
presented by: Tetsushi Murao, Kyushu University
Can Welfare Abuse Be Welfare Improving?
presented by: Karol Mazur, European University Institute
Endogenous Separations, Wage Rigidities and Employment Volatility
presented by: Andreas Westermark, Sveriges Riksbank
Session 332: EEA Sovereign Debt: Theory August 25, 2016 15:50 to 17:00 CICG Espace Motta 1
Session Chair: Alain de Crombrugghe, University of Namur
Session type: contributed
Sovereign Default and Coalition Formation
presented by: Ricardo Vicente, Tallinn University of Technology
The Generalized Euler Equation and the Unilateral Default Problem
presented by: Xavier Mateos-Planas, Queen Mary University of London
Incentive-compatible debt restructuring
presented by: Alain de Crombrugghe, University of Namur
Session 333: EEA Taxation I August 25, 2016 15:50 to 17:00 CICG 13
Session Chair: Markus Hersche, ETH Zurich
Session type: contributed
Beggar-Thy-Neighbour Tax Cuts: Mobility after a Local Income and Wealth Tax Reform in Switzerland
presented by: Isabel Martinez, University of St. Gallen
Effective Tax Rates and Progressivity in a Fiscally Decentralized Country
presented by: Marcus Roller, University of Basel
The Compensation Principle as a New Rationale for Age Dependent Taxation
presented by: Markus Hersche, ETH Zurich
Session 334: EEA The Political Economics of Conflict and Crime August 25, 2016 15:50 to 17:00 GI S8
Session Chair: Marion Mercier, Université Catholique de Louvain
Session type: contributed
Violence as Interaction Across Space
presented by: Dominic Rohner, University of Lausanne
The Political Economics of the Arab Spring
presented by: Roland Hodler, University of St.Gallen
Diasporas and conflict
presented by: Marion Mercier, Université Catholique de Louvain
Session 335: EEA Unemployment IV August 25, 2016 15:50 to 17:00 CICG 16
Session Chair: Mario Meier, University of Mannheim
Session type: contributed
The extension of short-time work schemes during the Great Recession: A story of success?
presented by: Bjoern Brey, University of Konstanz
Unemployment Insurance Take-up and Cash-on-Hand
presented by: Andreas Kettemann, University of Zürich
Duration Dependence, Dynamic Selection and the Optimal Timing of Unemployment Benefits
presented by: Mario Meier, University of Mannheim
Session 336: ESEM Education August 25, 2016 15:50 to 17:00 GI S7
Session Chair: Barbara Biasi, Stanford University
Session type: contributed
Out of the Gauntlet and into the Fire: Why Disadvantaged Students Miss the Last Shot
presented by: Binzhen Wu, Tsinghua University
Human Capital and Employment Risks Diversification
presented by: Pascal St-Amour, University of Lausanne
Unions, Salaries, and The Market for Teachers: Evidence from Wisconsin
presented by: Barbara Biasi, Stanford University
Session 337: ESEM Empirical Macro: Productivity and Investment August 25, 2016 15:50 to 17:00 GI S9
Session Chair: Robert Kurtzman, Federal Reserve Board
Session type: contributed
Investment, technological progress and energy efficiency
presented by: Luis Puch, Universitat Autonoma de Barcelona y Universidad Complutense
Misallocation and aggregate productivity : evidence from the French manufacturing sector
presented by: Thibault Libert, Paris School of Economics
Accounting for Productivity Dispersion over the Business Cycle
presented by: Robert Kurtzman, Federal Reserve Board
Session 338: ESEM Financial Contracts August 25, 2016 15:50 to 17:00 CICG 6
Session Chair: Gabrielle Demange, Paris School of Economics
Session type: contributed
Optimal Sovereign Lending and Default
presented by: Cheng Wang, Fudan University
Servicing Securitisation through Excessive Foreclosure
presented by: Jing Zeng, Frankfurt School of Finance and Management
Contagion in financial networks: A threat index
presented by: Gabrielle Demange, Paris School of Economics
Session 339: ESEM Game Theory III August 25, 2016 15:50 to 17:00 GI S3
Session Chair: Thomas Noe, University of Oxford
Session type: contributed
Perfect Bayesian Equilibria in Reputation Games with Nested Information Structure
presented by: Nuh Aygun Dalkiran, Bilkent University
Using clients' rejection to build trust
presented by: Ting Liu, Stony Brook University
Skewing the odds: Taking risks for rank-based rewards
presented by: Thomas Noe, University of Oxford
Session 340: ESEM Identification Issues in Structural VARs and DSGE Models August 25, 2016 15:50 to 17:00 CICG 3
Session Chair: Alain Monfort, CREST
Session type: contributed
Is Government Spending Predetermined? A Test of Identification for Government Spending Shocks
presented by: Anna Kormilitsina, Southern Methodist University
Revisiting Idendtfication and Estimation of Structural VARMA models
presented by: Alain Monfort, CREST
Session 341: ESEM International Macroeconomics II August 25, 2016 15:50 to 17:00 CICG 23
Session Chair: Evi Pappa, European University Institute
Session type: contributed
Housing, Leverage, and Global Liquidity
presented by: Andrea Ferrero, University of Oxford
Emerging Economies Business Cycles: The Role of the Terms of Trade Revisited
presented by: Evi Pappa, European University Institute
Session 342: ESEM Macroeconomic Theory IV: Firm Size dynamics August 25, 2016 15:50 to 17:00 GI AUD A2
Session Chair: Tom Schmitz, Università Bocconi
Session type: contributed
Aggregate implications of firm dynamics: Financing small versus young firms
presented by: Tatsuro Senga, Queen Mary University of London
Cascading Failures in Production Networks
presented by: David Baqaee, London School of Economics and Political Science
Endogenous Growth, Firm Heterogeneity and the Long-run Impact of Financial Crises
presented by: Tom Schmitz, Università Bocconi
Session 343: ESEM Macroeconomics with Time-Varying Parameters August 25, 2016 15:50 to 17:00 CICG 9
Session Chair: Pierre Guerin, Bank of Canada
Session type: contributed
The credit channel during times of financial stress: A time varying VAR analysis
presented by: Geraldine Dany, Halle Institute for Economic Research
A Bayesian Infinite Hidden Markov Structural Vector Autoregressive Model
presented by: Didier Nibbering, Erasmus University Rotterdam
The Effects of Monetary Policy on Industry-level Stock Returns in a Changing World
presented by: Pierre Guerin, Bank of Canada
Session 344: ESEM Matching Markets III: Applications of Assortative Matching August 25, 2016 15:50 to 17:00 CICG 7
Session Chair: Erina Ytsma, MIT
Session type: contributed
Sorting On-line and On-time
presented by: Sekyu Choi, University of Bristol
Labor Market Sorting in Germany
presented by: Bastian Schulz, University of Munich and Ifo Institute
Lone Stars or Constellations? The Impact of Performance Pay on Matching Assortativeness in Academia
presented by: Erina Ytsma, MIT
Session 345: ESEM Political Economy VIII August 25, 2016 15:50 to 17:00 CICG 19
Session Chair: Edoardo Grillo, Collegio Carlo Alberto
Session type: contributed
Social Mobility and Stability of Democracy: Re-evaluating De Tocqueville
presented by: Konstantin Sonin, University of Chicago
On the Role of Democracy in the Ethnicity–Growth Relationship: Theory and Evidence
presented by: Anirban Mitra, University of Oslo
Social Status and Preferences for Redistribution
presented by: Edoardo Grillo, Collegio Carlo Alberto
Session 346: ESEM Uncertainty August 25, 2016 15:50 to 17:00 CICG 15
Session Chair: Andrea Tamoni, London School of Economics
Session type: contributed
Inflation uncertainty, disagreement and monetary policy: Evidence from the ECB Survey of Professional Forecasters
presented by: Alexander Glas, Heidelberg University
Inattention in Individual Expectations
presented by: Yara Cordeiro, Banco Itaú Unibanco
Economic uncertainty and predictability
presented by: Andrea Tamoni, London School of Economics
Session 347: ESEM Volatility August 25, 2016 15:50 to 17:00 CICG 18
Session Chair: Serge Luther NYAWA WOMO, Toulouse School of Economics
Session type: contributed
More accurate volatility estimation and forecasts using price durations
presented by: Xiaolu Zhao, Lancaster University
High Dimensional Multivariate Realized Volatility Measures
presented by: Serge Luther NYAWA WOMO, Toulouse School of Economics
Session 348: Coordination and Aggregate Demand August 25, 2016 17:00 to 18:30 CICG 1
Session Chair: Fabrizio Zilibotti, University of Zurich
Session type: plenary
Coordination and Aggregate Demand
presented by: George-Marios Angeletos, M.I.T.
Session 349: EEA Behavioral and Experimental Economics: Public goods August 26, 2016 8:30 to 9:45 GI Auditoire B
Session Chair: Felix Kölle, University of Cologne
Session type: contributed
That’s impossible: An Experiment on Participation Constraints
presented by: Timo Hoffmann, University of Erlangen-Nuremberg
Different Frames or different Games? Comparing Give-some and Take-some Social Dilemmas
presented by: Felix Kölle, University of Cologne
Session 350: EEA Development Economics: Field and Laboratory Experiments August 26, 2016 8:30 to 9:45 CICG 21
Session Chair: Salvatore Di Falco, University of Geneva
Session type: contributed
Social Capital and Large-Scale Agricultural Investments: An Experimental Investigation in Central Zambia
presented by: Menusch Khadjavi, Christian-Albrechts-University Kiel
Dark side of incentives: a randomized field experiment in Uganda
presented by: Dagmara Celik Katreniak, CERGE-EI
Involuntary Giving and Sharing Pressure in Social Networks: Lab-Evidence from Tanzania
presented by: Salvatore Di Falco, University of Geneva
Session 351: EEA Economic Theory: Information and Uncertainty August 26, 2016 8:30 to 9:45 CICG 8
Session Chair: Stefanie Schmitt, University of Bamberg
Session type: contributed
Slightly Biased Communication
presented by: Francesc Dilme, University of Bonn
Cross-checking the media
presented by: Jesper Rudiger, University of Copenhagen
Rational Allocation of Attention in Decision-Making
presented by: Stefanie Schmitt, University of Bamberg
Session 352: EEA Education Economics VI August 26, 2016 8:30 to 9:45 GI S8
Session Chair: Natascha Wagner, Erasmus University Rotterdam
Session type: contributed
Study progression in higher education: The impact of ex post selection
presented by: Koen Declercq, University of Leuven
Gender, Ethnicity and Teaching Evaluations: Evidence from Mixed Teaching Teams
presented by: Natascha Wagner, Erasmus University Rotterdam
Session 353: EEA Empirical Finance III August 26, 2016 8:30 to 9:45 CICG 14
Session Chair: Julian Thimme, Goethe University Frankfurt
Session type: contributed
The Liquidity Coverage Ratio and Security Prices
presented by: Lucas Fuhrer,
Liquidity Spirals: Evidence from US Financial Aggregates
presented by: Kyoung Sun Park, Incheon Development Institute & Copenhagen Business School
Does Ambiguity about Volatility Matter Empirically?
presented by: Julian Thimme, Goethe University Frankfurt
Session 354: EEA Empirical Industrial Organization: Pricing August 26, 2016 8:30 to 9:45 GI S3
Session Chair: Andras Niedermayer, University of Mannheim
Session type: contributed
Dynamic Pricing and Consumer Loyalty in a Multiproduct Oligopoly
presented by: Mateusz Mysliwski, University College London
Implicit Yardstick Competition
presented by: Petyo Bonev, Ecole des Mines
Competitive Non-linear Pricing: Evidence from the French Automobile market
presented by: Andras Niedermayer, University of Mannheim
Session 355: EEA Experiments and Games August 26, 2016 8:30 to 9:45 CICG 22
Session Chair: Katrin Schmelz, Konstanz University
Session type: contributed
Does Competition Justify Inequality?
presented by: Manuel Grieder, ETH Zurich
The effect of relative wealth on prosocial behavior in markets
presented by: Jana Friedrichsen, Humboldt-Universität zu Berlin
Control Aversion in East and West Germany: Evidence from a Large-Scale Internet Study
presented by: Katrin Schmelz, Konstanz University
Session 356: EEA Family Economics V August 26, 2016 8:30 to 9:45 CICG Telecom
Session Chair: Yining Geng, Universitat Pompeu Fabra and Barcelona GSE
Session type: contributed
Long-Term Care and Births Timing
presented by: Gregory Ponthiere, Paris School of Economics
Parenting Style as an Investment in Human Development
presented by: Nicolas Salamanca, University of Melbourne
Impact of Family Planning Policy on Gender Inequality: Evidence from China
presented by: Yining Geng, Universitat Pompeu Fabra and Barcelona GSE
Session 357: EEA Financial Market Microstructure II August 26, 2016 8:30 to 9:45 GI S1
Session Chair: Christoph Roling, Deutsche Bundesbank
Session type: contributed
Intraday Momentum in FX Markets: Disentangling Informed Trading from Liquidity Provision
presented by: Kevin Lampaert, Ghent University
Why is the VIX index related to the liquidity premium?
presented by: Iman Honarvar, Maastricht University
Flying Under the Radar: The Effects of Short-Sale Disclosure Rules on Investor Behavior and Stock Prices
presented by: Christoph Roling, Deutsche Bundesbank
Session 358: EEA Health Economics V August 26, 2016 8:30 to 9:45 CICG 4
Session Chair: Anastasia Aladysheva, Stockholm International Peace Research Institute (SIPRI)
Session type: contributed
The Long Aftermath of World War II across Europe: Early Life Effects on Health at Old Age
presented by: Reyn Van Ewijk, University of Mainz
Economic Conditions, Parental Employment and Newborn Health
presented by: Alexander Paul, Aarhus University
Children’s Health and Intra-Household Bargaining in Kyrgyzstan: Evidence from a New Panel Study
presented by: Anastasia Aladysheva, Stockholm International Peace Research Institute (SIPRI)
Session 359: EEA Income Distribution and Inequality III August 26, 2016 8:30 to 9:45 GI S5
Session Chair: Ariell Reshef, Centre d'Economie de la Sorbonne, and Paris School of Economics
Session type: contributed
Product market competition and job polarization: Evidence from Europe
presented by: Giulio Bosio, University of Bergamo
Taxes and Technological Determinants of Wage Inequalities: France 1976-2010
presented by: Malka Guillot, CREST
The March of the Techies: Technology, Trade, and Job Polarization in France, 1994--2007
presented by: Ariell Reshef, Centre d'Economie de la Sorbonne, and Paris School of Economics
Session 360: EEA Information and Macroeconomics II August 26, 2016 8:30 to 9:45 CICG 20
Session Chair: Donghoon Yoo, University of Lausanne
Session type: contributed
Consumption Insurance with Advance Information
presented by: Christian A. Stoltenberg, University of Amsterdam
The Expectation Formation Process along the Business Cycle: More Information or Better Information ?
presented by: Jeremy Boccanfuso, Paris school of Economics
Ambiguous Information, Permanent Income, and Consumption Fluctuations
presented by: Donghoon Yoo, University of Lausanne
Session 361: EEA International Economics and Labor Market Effects August 26, 2016 8:30 to 9:45 CICG Espace Motta 2
Session Chair: Erwin Winkler, University of Wuerzburg
Session type: contributed
Escaping the weather: do natural disasters cause migration?
presented by: Jasmin Gröschl, Ifo Institute for Economic Research
The impact of windfalls: Firm selection, trade and welfare
presented by: Gry Ostenstad, University College of South East Norway
All We Need is love? Trade-Adjustment, Inequality, and the Role of the Partner
presented by: Erwin Winkler, University of Wuerzburg
Session 362: EEA Labour Supply IV August 26, 2016 8:30 to 9:45 CICG 5
Session Chair: Nezih Guner, ICREA-MOVE, UAB and Barcelona GSE
Session type: contributed
Cash-on-hand in Developing Countries and the Value of Social Insurance: Evidence from Brazil
presented by: Diogo Britto, Catholic University - Milan
Labour Force Participation and Tax-Benefit Systems: A Cross-Country Comparative Perspective
presented by: Kamil Galuscak, Czech National Bank
Childcare Subsidies and Household Labor Supply
presented by: Nezih Guner, ICREA-MOVE, UAB and Barcelona GSE
Session 363: EEA Migration V August 26, 2016 8:30 to 9:45 GI S6
Session Chair: Nadzeya Laurentsyeva, University of Munich
Session type: contributed
Immigration and task specialization: evidence from Switzerland
presented by: Tuan Nguyen, University of Geneva
From Labor to Cash Flow? The Impacts of Abolishing All Immigration Restrictions for EU Workers on Swiss Firms
presented by: Michael Siegenthaler, ETH Zurich
Emigration and Firm Productivity: Evidence from the Sequential Opening of EU Labour Markets
presented by: Nadzeya Laurentsyeva, University of Munich
Session 364: EEA Monetary Economics III August 26, 2016 8:30 to 9:45 CICG 12
Session Chair: Lorant Kaszab, European Central Bank
Session type: contributed
Forward Guidance Contracts
presented by: Yulin Liu, ETH Zurich
Interest Rate Rules and Inflation Risks in a Macro-Finance Model
presented by: Lorant Kaszab, European Central Bank
Session 365: EEA Pensions and Savings II August 26, 2016 8:30 to 9:45 CICG 17
Session Chair: Andrea Weber, Vienna University of Economics and Busin
Session type: contributed
The effects of employer liabilities in disability and unemployment insurance on job exit
presented by: Juha Tuomala, VATT
Pension, Frictions and Poverty. Structural Evidence on the Consequences of Pension Reforms.
presented by: Stefan Etgeton, DIW Berlin
The Effects of Increasing the Early Retirement Age on Employment of Older Workers
presented by: Andrea Weber, Vienna University of Economics and Busin
Session 366: EEA Political Economics: Institutions III August 26, 2016 8:30 to 9:45 CICG Espace Motta 1
Session Chair: Andrew Pickering, University of York
Session type: contributed
Rebellions, Technical Change, and the Early Development of Political Institutions in Latin America
presented by: Alvaro Aguirre, Central Bank of Chile
The Economic Consequences of Political Donation Limits
presented by: Andrew Pickering, University of York
Session 367: EEA Taxation II August 26, 2016 8:30 to 9:45 CICG 13
Session Chair: Vincent Dekker, University of Hohenheim
Session type: contributed
Trading off Tax Effects and Agency Effects in Dividend Policy
presented by: Janis Berzins, BI Norwegian Business School
Tax Incidence and Competition – The Case of Gasoline Retail Taxation
presented by: Dominik Schober, ZEW Mannheim
A Data-Driven Procedure to Determine the Bunching Window - An Application for the Netherlands
presented by: Vincent Dekker, University of Hohenheim
Session 368: EEA Topics in Public Economics August 26, 2016 8:30 to 9:45 CICG 16
Session Chair: Philipp Jäger, RWI
Session type: contributed
Risk Sharing Between State and Local Governments: Evidence from School District Finance
presented by: Bent Sorensen, University of Houston
The political economy of public investment when population is aging: a panel cointegration analysis
presented by: Philipp Jäger, RWI
Session 369: ESEM Contract Theory II August 26, 2016 8:30 to 9:45 CICG 3
Session Chair: Catherine Bobtcheff, Toulouse School of Economics
Session type: contributed
Misallocation of Talent in Competitive Labor Markets
presented by: Radoslawa Nikolowa, Queen Mary University of London
The sender-payoff approach to signaling and the informed-principal problem
presented by: Tymofiy Mylovanov, University of Pittsburgh
Health provider networks, quality and costs
presented by: Christoph Schottmueller, University of Copenhagen
Session 370: ESEM Econometric Contributions for Applied Microeconomics August 26, 2016 8:30 to 9:45 GI S4
Session Chair: Daniel Gutknecht, University of Mannheim
Session type: contributed
Inference in Differences-in-Differences with Few Treated Groups and Heteroskedasticity
presented by: Cristine Pinto, São Paulo School of Economics - EESP/FGV
Don’t Follow the Crowd: Incentives for Directed Spatial Sampling
presented by: Russell Toth, The University of Sydney
Modeling Heaped Duration Data: An Application to Neonatal Mortality
presented by: Daniel Gutknecht, University of Mannheim
Session 371: ESEM Evolutionary Game Theory II August 26, 2016 8:30 to 9:45 CICG 11
Session Chair: Heinrich Nax, ETH Zurich
Session type: contributed
Learning Dynamics Based on Social Comparisons
presented by: Juan Block, University of Cambridge
The Dynamics of Social Influence
presented by: Bary Pradelski, ETH Zurich
A behavioral study of "noise" in coordination games
presented by: Heinrich Nax, ETH Zurich
Session 372: ESEM Finance V: Theory and Empirics August 26, 2016 8:30 to 9:45 CICG 6
Session Chair: Saleem Bahaj, Bank of England
Session type: contributed
Capital Structure Misallocation
presented by: Jake Zhao, Stony Brook University
Short-Selling Restrictions and Returns: a Natural Experiment
presented by: Marco Bonomo, Insper Institute of Education and Research
What determines how banks respond to changes in capital requirements?
presented by: Saleem Bahaj, Bank of England
Session 373: ESEM Games and Search August 26, 2016 8:30 to 9:45 GI S7
Session Chair: Lorenzo Magnolfi, Yale University
Session type: contributed
Principal-Agent Problems in Search and Bargaining: Evidence from Dual Agency in Residential Real Estate Transactions
presented by: Seung Hyun Hong, University of Illinois, Urbana-Champaign
Why do board interlocks arise? Identification and estimation of a static game of complete information between firms
presented by: Cristina Gualdani, UCL
Estimation of Discrete Games with Weak Assumptions on Information
[slides]
presented by: Lorenzo Magnolfi, Yale University
Session 374: ESEM Macroeconomic Theory V August 26, 2016 8:30 to 9:45 CICG 19
Session Chair: Gaetano Gaballo, Banque de France
Session type: contributed
Annuity and Estate Taxation in an Entrepreneurship Model
presented by: Cagri Kumru, Australian National University
The Optimal Inflation Rate under Schumpeterian Growth
presented by: Kozo Ueda, Waseda University
Price Dispersion, Private Uncertainty and Endogenous Nominal Rigidities
presented by: Gaetano Gaballo, Banque de France
Session 375: ESEM Methods in Macroeconometrics August 26, 2016 8:30 to 9:45 CICG 23
Session Chair: Jose Montiel Olea, New York University
Session type: contributed
DELTA-METHOD INFERENCE FOR A CLASS OF SET-IDENTIFIED SVARS
presented by: Matthias Meier, Bonn University
Are Small-Scale SVARs Useful for Business Cycle Analysis? Revisiting Non-Fundamentalness
presented by: Mehdi Hamidi Sahneh, Carlos III University
Projection Inference for Set-Identified SVARs
presented by: Jose Montiel Olea, New York University
Session 376: ESEM Non-Parametrics and Semi-Parametrics II August 26, 2016 8:30 to 9:45 CICG 9
Session Chair: Claudio Morana, Università di Milano Bicocca
Session type: contributed
The Triangular Model with Random Coefficients
presented by: Hajo Holzmann, Marburg University
Semiparametric Estimation of the Random Utility Model with Rank-Ordered Choice Data
presented by: Hong Il Yoo, Durham University
Semiparametric Estimation of Multivariate GARCH Models
presented by: Claudio Morana, Università di Milano Bicocca
Session 377: ESEM Panels II August 26, 2016 8:30 to 9:45 CICG 15
Session Chair: Tue Gorgens, The Australian National University
Session type: contributed
Focused Information Criterion and Model Averaging for Large Panels with a Multifactor Error Structure
presented by: Chu-An Liu, Academia Sinica
Instrumental Variable Estimation of Panel Data Models with Weakly Exogenous Variables
presented by: Kazuhiko Hayakawa, Hiroshima University
The specification of dynamic discrete-time two-state panel data models
presented by: Tue Gorgens, The Australian National University
Session 378: ESEM Poverty August 26, 2016 8:30 to 9:45 GI S2
Session Chair: Alvaro Garcia Marin, Universidad de Chile
Session type: contributed
The Consumption, Income, and Wealth of the Poorest: Cross-Sectional Facts of Rural and Urban Sub-Saharan Africa for Macroeconomists
presented by: Leandro De Magalhaes, University of Bristol
Do Non-monetary Prices Target the Poor? Evidence from a Field Experiment in India
presented by: Bridget Hoffmann, Inter-American Development Bank
Commodity Prices Shocks and Poverty in Chile
presented by: Alvaro Garcia Marin, Universidad de Chile
Session 379: ESEM Risk and the Macroeconomy August 26, 2016 8:30 to 9:45 CICG 18
Session Chair: Daniel Maas, University of Wuerzburg
Session type: contributed
New Facts about Firm Risk across Countries and over the Business Cycle
presented by: Hernan Moscoso Boedo, University of Cincinnati
Understanding foreign currency borrowing by Firms: Evidence from India
presented by: Nirvikar Singh, UC Santa Cruz
Current Account Dynamics and the Housing Cycle in Spain
presented by: Daniel Maas, University of Wuerzburg
Session 380: ESEM Search and Matching III: Unemployment August 26, 2016 8:30 to 9:45 GI S9
Session Chair: Etienne Lalé, University of Bristol and IZA
Session type: contributed
Unemployment Risks and Intra-Household Insurance
presented by: Javier Fernandez-Blanco, Universitat Autonoma de Barcelona and Barcelona GSE
Menu of Insurance for the Unemployed
presented by: Yanos Zylberberg, University of Bristol
From Dual to Unified Employment Protection: Transition and Steady State
presented by: Etienne Lalé, University of Bristol and IZA
Session 381: EEA Advances in Management and Productivity August 26, 2016 10:15 to 12:15 CICG 4
Session Chair: Raffaella Sadun, Harvard Business School
Session type: invited
Pay Cuts in the Field
presented by: Guido Friebel, Goethe-Universität
The Management and Productivity of Civil Servants in Developing Country Bureaucracies
presented by: Imran Rasul, University College London
What Drives Differences in Management?
presented by: Itay Saporta, Tel Aviv University
Session 382: EEA Economics of Conflicts August 26, 2016 10:15 to 12:15 CICG 1
Session Chair: Mathias Thoenig, University of Lausanne
Session type: invited
The Violent Legacy of Victimization: Post-Conflict Evidence on Asylum Seekers, Crimes and Public Policy in Switzerland
presented by: Mathieu Couttenier, HEC Lausanne
Expanding Governance as Development: Evidence on Child Nutrition in the Philippines
presented by: Eli Berman, University of California, San Diego
Queens
presented by: Oeindrila Dube, New York University
Session 383: EEA Liquidity Traps August 26, 2016 10:15 to 12:15 GI Auditoire A
Session Chair: Neil Mehrotra, Brown University
Session type: invited
The Safety Trap
presented by: Emmanuel Farhi, Harvard University
The Financial Cycle, Monetary Policy and the ZLB
presented by: Anton Korinek, Johns Hopkins University
Targeted Fiscal Policy
presented by: David Baqaee, London School of Economics and Political Science
A Quantitative Model of Secular Stagnation
presented by: Neil Mehrotra, Brown University
Session 384: EEA Persistence and Long-Run Growth: Historical Perspectives August 26, 2016 10:15 to 12:15 GI Auditoire B
Session Chair: Ola Olsson, University of Gothenburg
Session type: invited
The Bounty of the Sea
presented by: Carl-Johan Dalgaard Dalgaard, University of Copenhagen
Long Live Keju! The Persistent Effects of China’s Imperial Examination System
presented by: James Kung, Division of Social Science
A Western Reversal Since the Neolithic: The Long-Run Impact of Early Agriculture
presented by: Ola Olsson, University of Gothenburg
Session 385: ES Advances in Contract Theory August 26, 2016 10:15 to 12:15 CICG 3
Session Chair: Nicola Pavoni, Bocconi University, IGIER
Session type: invited
Commitment versus Flexibility and Costly Verification
presented by: Marina Halac, Columbia University and Warwick University
Multiple Contracting in Insurance Markets
presented by: Thomas Mariotti, Toulouse School of Economics
Session 386: ES Advances in the Analysis of Macro and Financial Data August 26, 2016 10:15 to 12:15 CICG 2
Session Chair: Mark Watson, Princeton University
Session type: invited
Identifying Effects of Partially-Measured News Surprises
presented by: Refet Gurkaynak,
Estimation and Inference in Misspecified DSGE Models
presented by: Fabio Canova, BI Norwegian business school